Daily Crypto Update: Bitcoin Interest (BCI) Rises 128.12% in 24 Hours!

Daily Crypto Update: Bitcoin Interest (BCI) Rises 128.12% in 24 Hours!

There are many currencies that have gained in the last 24 hours but the currency that left everyone behind is Bitcoin Interest (BCI)

Bitcoin Interest (BCI) has risen 128.12 percent in the last 24 hours. The cryptocurrency saw a low of 3.64 USD yesterday, June 4 and is now being traded at 8.95 USD.

What is BCI?

Bitcoin Interest (BCI) is a competitive staking cryptocurrency focusing on three key areas Technology, Community, and Savings. Their blockchain has new integrated savings technology that allows their users to safely park their coins and earn interest payments without ever moving coins from their wallets.

Every time a miner solves a block in the Bitcoin Interest network, they are rewarded 12.5 BCI coins while an additional 1 BCI is generated from the block and sent to the “Interest Pool.” Once the active Weekly or Monthly interest round has finished, the Interest Pool is distributed evenly to all of the users participating in the current interest round.

Unlike other interest payment platforms that require you to send your coins to them, Bitcoin Interest is the first fully decentralized interest payments platform that will never ask you to send your coins anywhere!

With their advanced interest technology, you can hold your coins in your own wallet and receive interest payments directly into your wallet with absolutely no risk to you.  You’ll never be required to trust your coin holdings with anyone again.

Reasons for the Rise

Although there isn’t any specific reason for the recent gain of the cryptocurrency, the gain could be because of the highly volatile nature of the crypto market.

Other Major Gainers

The top ten cryptocurrencies that have gained considerably in the crypto market in the last 24 hours apart from BCI are:

T-coin (TCOIN) has gained 132.05 percent, and Rhenium (XRH) has gained 71.41 percent.

BitTube (TUBE) has gained 69.70 percent, and AirToken (AIR) has gained 59.05 percent.

Swisscoin (SIC) has gained 56.15 percent while Swarm (SWM) has gained 53.97 percent

X-Coin (ACO) has gained 36.26 percent, and ClearPoll (POLL) has gained 35.77 percent.

BitRent (RNTB) has gained 34.66 percent and the last cryptocurrency which made its way into the list of gainers is Autonio (NIO) with 34.42 percent.

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Madhuri Arora
A passionate writer and an avid reader. I love watching action and superhero movies. Love food, music, travel and games.