Every investment and all trading involves risk, so you should always perform your own research prior to making decisions.
In late March, Bitcoin surged to a new yearly high of $48,234, but its momentum fizzled out after bulls failed to gain footing above key resistance levels.
The Japanese yen has lost its safe-haven status, plunging to the lowest level against the dollar earlier this week after Bank of Japan Governor Haruhiko Kuroda confirmed his commitment to the long-standing ultra-easy monetary policy.
Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption.