The top cryptocurrencies for the week of August 16th

After dipping below the $6,000 mark on Monday, Bitcoin managed to rally 10% before giving back some of its recent gains.  Whether or not fear is driving down cryptocurrency options is certainly worth debating.  Yet no matter which side of the coin you are on, it’s easy to understand why some people have trouble sitting still when the leading blockchain asset flirts with annual lows.

Whether you are a bitcoin bear or bull, you shouldn’t have trouble agreeing that cryptocurrency options are going to be volatile in the short term.  That’s true regardless what direction they’re headed in and no matter where they ultimately end up. 

Although bitcoin has fallen flat compared to the US dollar, it actually hit a 7-month high against the Turkish lira.  Even if you don’t follow global currency markets, there’s a lesson here. The economic meltdown and hyperinflation that Turkey is experiencing in 2018 illustrates the value of a decentralized currency that’s not tied to any single country or central bank.

Of course, cryptos aren’t just for speculators or people worried about a looming economic collapse.  There are plenty of practical applications in 2018 like playing bitcoin online poker.  At Americas Cardroom, we gladly accept more than 60 different cryptocurrency deposit options. Check out the top five methods used on our network this past week:

1. Bitcoin
2. Litecoin
3. Ethereum
4. Bitcoin Cash
5. Dogecoin

Although Ethereum hit a 9-month low recently, it continues to be among the top deposit methods at Americas Cardroom.  Yet we don’t actually play favorites.  We make it easy to fund your poker account and claim your winnings using your preferred currency. 

If you don’t know how to deposit bitcoin, we’re here to help.  Head to https://www.americascardroom.eu/cryptocurrency/ and learn about all your deposit options. 

If you’re a new player, click here to learn about our 3-part welcome package, which includes a 200% bonus for new players who make an initial deposit using a cryptocurrency.

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