Cryptocurrencies price prediction: Bitcoin & Ripple – European Wrap – 8 November

Cryptocurrencies price prediction: Bitcoin & Ripple – European Wrap – 8 November

Bitcoin is declining rapidly. At the time of writing, the first digital coin is trading close to critical $9,000, down 2% since the beginning of the day. The downside momentum has been gaining traction after the price broke below critical SMA200 (Simple Moving Average) on a daily chart.