Bitcoin, Ethereum Bounce Back Hard To Reach $2,400 and $240

Receive all Cointelegraph news immediately in Telegram. JOIN × News Bitcoin News Ethereum News Altcoin News Blockchain News Regulation Scams Guides & Analytics Bitcoin Bitcoin101 Price Index Price Analysis Ethereum Ethereum101 Price Index Price Analysis Events BlockShow 2017 Helsinki 2016 Events Events News Explained ICO Calendar Press Releases Submit a post Submit press release Events About Us Catalog Advertise Franchise Join Us The Cointelegraphfuture of money Toggle navigation Submit a post Submit press release News Bitcoin News Ethereum News Altcoin News Blockchain News Regulation Scams Press Releases Guides & Analytics Bitcoin Bitcoin101 Price Index Price Analysis Ethereum Ethereum101 Price Index Price Analysis Press Releases Events BlockShow 2017 Helsinki 2016 Events Events News Press Releases Explained ICO Calendar Advertise   2 HOURS AGO By William Suberg Bitcoin, Ethereum Bounce Back Hard To Reach $2,400 and $240 Bitcoin and Ethereum have both posted considerable gains since yesterday, reversing yet another downturn with ease. 4383 Total views 237 Total shares Bitcoin has rebound to $2,400 and Ethereum is up 25 percent in a day as optimism returns to cryptocurrency markets in a big way. The shift into the green coincides with reaching the required consensus for BIP 91 to lock in for Bitcoin. This paves the way for SegWit activation without the need for a hard fork. Meanwhile, Ethereum has recovered spectacularly from last week’s seismic losses, currently trading at an average of $242 according to Coinmarketcap. Reacting to the price performances, traders and commentators alike were buoyant. Coincidence? Perhaps. Or perhaps the Bitcoin market is speaking. pic.twitter.com/n2s7U9G6jW — Jameson Lopp (@lopp) July 18, 2017 Bitcoin had been tipped to decrease further in the run-up to Aug. 1, the date when the likeliness of a hard fork occurring would become clear. Despite the overwhelming support for BIP 91, however, business are still announcing preparations for mitigating against problems arising from a hard fork. 13 Japanese exchanges have now joined Chinese heavyweight OKCoin in announcing they will halt trading from July 31 to protect users from the possible fallout. “…We have decided to suspend withdrawals and deposits at each exchange until the issue surrounding the Bitcoin fork is resolved,” a statement from the umbrella Japan Cryptocurrency Business Association confirmed. Bitcoin News Bitcoin Price Ethereum Price SegWit Comments Hide Comments Hottest Bitcoin News Daily For updates and exclusive offers, enter your e-mail below. Cointelegraph News Top News Recent Editor Recommends Buckle Up: Bitcoin Price Heads For Below $2,000 As August 1 Nears   48354   |     36 Tezos $232 Mln ICO Sparks Fresh Fears For Ethereum Sell-Off   44573   |     11 Ari Paul, Tuur Demeester ‘Look Forward’ To Up To $1k Bitcoin Fees   42306   |     15 The Brief History of Bubbles   29708   |     15 Price Analysis: BTC, LTC, ETH   31745   |     6 Establishing the Ownership and Licensing of the World’s Creative Digital Assets   47 Cryptocurrency Adoption Low Amongst Terrorists, Cash Is King   2164 Bitcoin, Ethereum Bounce Back Hard To Reach $2,400 and $240   4383 Enterprise Ethereum Alliance Becomes World’s Largest Open-source Blockchain Initiative   1925   |     2 Ethereum Price Analysis: July 11 – July 18   10569   |     2 How Bots And Black Marketers Are Influencing Bitcoin Price, Altcoins Value   20810   |     7 Startup Darling EOS Cashes In Millions Of ETH As ICO Scorn Continues   22738   |     14 Investors are Comfortable With Bitcoin, Ethereum: Hong Kong Experts   10372   |     2 Stop Trying To Kill My ICO: Nick Ayton   12756   |     4 Five Big Businesses Leading Bitcoin Charge   19609 Hottest Bitcoin News Daily ×Close Hottest Bitcoin News Daily For updates and exclusive offers, enter your e-mail below. ×Close Registration Username * First Name Last Name Email * Password * Repeat Password * You registration completed successfully. Confirmation email sent to email address provided. Sign up Already have an account? Log in here ×Close Login Email * Password * Twitter Facebook Log in with Facebook! I forgot my password Login Don’t have an account yet? Sign up About us The Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. Site map Catalog Advertise Franchise About us Projects Join Us Events International Sites Bitcoin USA Bitcoin Brasil Bitcoin Slovenia Bitcoin Spain Bitcoin Serbia Bitcoin Japan Franchise Information Terms of services and Privacy policy © Cointelegraph 2013-2017