Crypto market 2019

in #future โ€ข 5 years ago

Starting the year ๐Ÿ“† with Bitcoin trading at approximately mid to high 3000's $, Bitcoin has rallied up to 13 750$ per coin ๐Ÿ’ฒon a very bullish run-up up till 26th of June. ๐Ÿš€๐Ÿš€ The alternative cryptocurrencies, the so-called altcoins of which the ๐Ÿ‘ฉโ€๐Ÿซ BIT token is one of, have been stalling, however, reaching a peak of 1.4 trillion $ market cap from its February lows of 500 million $ and, afterward, coming down back to 800 million $.

๐Ÿ‘ฉโ€๐Ÿ’ผ๐Ÿ‘ฉโ€๐Ÿ’ผ The BTCโ€™s dominance rate โ€“ the cryptocurrencyโ€™s share of the total crypto market โ€“ has jumped to 70.10 percent, the highest level since March 2017, according to CoinMarketCap. Many experts say, ๐Ÿ—ฃ however, that this trend is coming to an end and another 'altseason' is โŒš๏ธimminent. ๐Ÿš€๐Ÿ“ˆScreenshot 2019-10-31 at 15.16.08.png