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Bitcoin Price Crosses $11,000 After the Announcement of Facebook’s Libra

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The king of Cryptocurrencies, Bitcoin, has crossed $11,000 price after the announcement of Facebook about launching a digital currency next year. The Bitcoin is at the highest peak in the last 15 months after the announcement and is expected to lift more by the end of the current financial year.

After the US technology firm, Facebook, released the notice about issuing the cryptocurrency called, Libra, within a week, Bitcoin has risen in value by $2,000. As per cryptocurrency tracker, this uplift in price may radically reshape the financial landscape of governments and central bank. Earlier this year, the cryptocurrency remained below $6000 for much of the time. It lost popularity throughout the year, and many investors lost their interest. The best cryptocurrency portfolio tracker has the market value of all the top cryptocurrencies in the global crypto market.

Bitcoin grabbed the attention of people when its value reached $20,000 in 2017. And after going down last year, currently, it is at the peak level after 15 months. At the start of June, Bitcoin’s value was $8,539.81, and after Facebook’s announcement about Libra, it uplifted to hit $11,116 within a week.

Craig Erlam is a senior market analyst in a financial trading firm Oanda. He said that Bitcoin is slowly reaching its old standard. It has been rising for a few months, and Facebook’s decision about Libra is boosting the Bitcoin price more. And traders are also helping to adopt this cryptocurrency by using the technology. Bitcoin value can triple by the end of this year and can result in increased demand from professional investors.

From television to the internet platform, Jonathan switched his journey in digital media with Bigtime Daily. He served as a journalist for popular news channels and currently contributes his experience for Bigtime Daily by writing about the tech domain.

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You can now Solve and Prevent Keyword Rankings Drop

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A decline in rankings even with small margin needs immediate action. If nothing is done during this time there will be a steady, continuous drop in the rankings making the competitors go ahead in organic search results.

Rankings drop issue can be solved and it is better to understand it beforehand how one can actually prevent it. If there are technical errors on the website like incorrect redirects, page duplicates, server crashes, etc. there will be quite a notable rankings downturn. This can be taken into control but it will take time to do so and sometimes even a 1-day drop results in visitor loss. Also search engines manually penalize websites if there is over usage of questionable link-building methods. These penalties cause a major drop. To know about any such penalty keep checking the Site Messages menu in the Google Webmasters panel for any penalty notifications.

This happens to all the websites. The search engine updates can surprise everyone by a drop of a little or major significance that can happen at any moment. It also affects SERP competitors. Panic during such time should be majorly avoided and instead there should be consistent efforts in making high-quality content and getting good links so that the chances of recovering quickly remains. A proper website audit and monitoring will help find the loose ends which you can then fix.

An effective plan can only developed when the reason of ranking drop is known so that the mistake is avoided in future. Not only time but also money is lost if the things are fixed before knowing what exactly caused the drop. A plan will help give a deeper understanding of search optimization and all can learn steps for quick recovery and how to respond to similar issues in future. When deciding on the technical and content options for the websites it is advisable to always think long-term.

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