Cryptos also fall on Friday
For the beginning of the weekend the fight Bitcoin at the $ 8,000 mark.However, this could only be the beginning to be of a bear market where many experts take the bitcoin under see a price of 6000 USD.But there is also good news.We are looking at current events in the cryptography market.The pieces fall
The last days are probably the most Crypto investors did not really like it.Bitcoin and many The altcoins had to face serious setbacks in both figures Insert a percentage range.
Less than an hour, lost Cryptocurrency No.
1 of more than 1500 USD.It seems like Return of volatility on the market.For weeks, Bitcoins rocked before at the magic limit of $ 10,000.
panic
The relatively important case of Bitcoins put the crypto community on alert.after the hope of the previous days on the highly anticipated Bakkt launch throw, the fierce discharge reminded the memory last year.By December 2018, the price of Bitcoin had fallen to about 3,100 by that date.USD.The voices that he is in crypto-currencies and the behind blockchain technology just a bubble would act stronger day by day.Worse move these are the Altcoins, who fought in part for their survival.
2018 will it be repeated?
The most recent case could be give many investors gloomy memories of the previous year.However, the starting position in 2019 is different.The following wide range of support is 6000 USD, a value of almost which is twice the lowest in 2018.In addition, see the Much more positive fundamentals.Hashrates and dominance are near record levels.The number of nodes is the first time more than 10000, the lighting network is stable.Overall positive in 2019
The current price of around 8000 USD per Bitcoin can make think about the previous weeks look, but you should always keep in mind that this The year 2019 (the first three quarters) was largely bullish are.At the beginning of the year, the BTC was still around $ 3,700 and the Forecasts for the year were often negative.
In addition, could many Altcoins catch again and also to the old force find.Ethereum is again under the 200 USD limit (around USD 166).The altcoins are based on Bitcoin
Although Bitcoin has seen a downward trend of more than 15% over the past five days, the dominance index does not seem to be affected.67.9% of the total market capitalization is currently in Bitcoin, the rest being distributed to the Altcoins.
Therefore, it is not surprising that Bitcoin sets the tone and follows the Altcoins.Many parts of the Top 30 have suffered double-digit losses over the past few days.When will the next Altcoin season take place?
Some users think that the current Bitcoin dump is the starting signal for the next Altcoin The season could be.A similar scenario could last a 2017 observe even under different conditions (Bitcoin ATH etc.).At that time, the rush rushed Bitcoin in no time the altcoins.The result was a historic bull run in which many assets could break their ATH.RSK before the takeover of Taringa
The RSK made the headlines Friday in the crypto world.
The blockchain project announced the takeover of the social network Taringa.Taringa has more than 40 million monthly users, including more than 15 million registered users.RSK plans a decentralized peer – to – peer network based on tokens.With the The huge reach of Taringa could be this news especially in Be interesting when it comes to adapting to the blockchain.
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Since 2015, I have been working on blockchain issues and underlying technologies.In recent years, I have been able to continue my studies, particularly in the fields of mining, trade and ICO analysis.In addition, my work as a writer allows me to stay abreast of the latest developments in the world of crypts.
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