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July 22, 2018, 04:13:26 PM |
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Bitcoin dropped sharply by 63 % from its peak at the end of 2017. This was the expected decline, and it is generally believed that it is a recovery in the market that has rid itself of various speculators and was a step towards stability.
However, the fall of the bitcoin caused the collapse of the other cryptocurrency that are more or less bound to market.
BTC is currently dominating the market at about 45 % and it is expected to increase this figure. However, it will pay for it again, which is no longer so interested.
At the coinmarketcap, a total of 1656 cryptocurrency are currently scrolled, and it can be assumed that part of them will disappear over time. It's actually a logical development. Investors are cautious and not stupid.
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