Crypto-currencies incapable of maintaining any form of stability on the open market, which can make investors very nervous. In the most recent case, Bitcoin dropped very suddenly in two last weeks to almost 27% of its value. At some exchanges that drop reached over 50% of its previous sale price. This has become Bitcoin’s greatest slump of since 2013.
However, the day before the fall of Bitcoin, December 17, its price had reached $20,000 at some exchanges. Therefore, according to experts, the subsequent loss of value has become a natural correction after such a price increase. At the last week of the year Bitcoin price gradually returns to its position with currently existing rise in price of 12.09% ($16,770).
During the year, Bitcoin’s price increased 20 times, rising from $1,000 to $196,66 (according Bitstamp).
Ripple’s price has increased 20% during the past 2 weeks -
Etherium has lost close to 12% -
Dash followed Bitcoin with a 27% decrease -
Trends change every 12 hours, and it is difficult to predict when a rapid fall or dizzying take-off will begin.
In general, the market capitalization of crypto-currencies is currently at $ 615.515 billion, of which bitcoin accounts for approximately 45% of the total volume of crypto market.
In addition to the most famous and expensive crypto-currencies, there are many other digital currencies breaking ground: some of them do not inspire confidence and some, on the contrary, are very interesting and proficient, promising to bring their owners an impressive yield for the future. One such crypto currency is Titan Coin. It is based on real production of titanium group products — very prevalent in the world market. On December 4, Titan Coin successfully finished its pre-ICO campaign. For those who missed the opportunity to acquire Titan Coin tokens during the pre-ICO, there is still a chance to obtain the tokens at the ICO campaign, which will commence March 1, 2018.
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