Move comes less than two weeks after high-profile digital currency exchange in Seoul was hacked and went bankrupt
The Digibyte/Bitcoin market skyrocketed after breaking resistance at 0.000006 on May 21 at Poloniex. It took the market 13 days to climb to an all-time high of 0.00002669 on June 3. That’s an astronomical 344.83% increase in value in less than half a month. Unfortunately for traders who bought at this level, sellers took advantage of Digibyte’s rapid ascent to dump their positions and take profits.
If you are thinking about incorporating Bitcoin, Ethereum and other cryptocurrencies into your investment portfolio, you are certainly not alone. As the price of Bitcoin surged past even the most optimistic predictions, the largest cryptocurrency exchange reported that more than…