The cryptocurrency market has been silent in 2016, but it is just a precursor to future growth. As of April 2017, the largest market capitalization is Bitcoin (BTC), rose rapidly when Japan accepted as a payment instrument and Russia said it could be allowed in 2018.

Way back to the early of 2017, the development of Ethereum (ETH) with Smart Contract together was the steady foundation for almost exploding ICO projects, which create a huge profit from selling token.

The reason for the scale-up of capitalization of this market was the appearance of Lending coins, noted is the Bitconnect. This Lending market was attracted a lot of new investors.

In addition, a series of new exchanges were born in developed countries such as USA, Japan, China. Those exchanges is aimed at reducing transaction fees and increasing security to attract investors all over the world.

Also in 2017, the hard — fork of the largest coin as Bitcoin and ETH had been done, this is the preparation of growth for the next cryptocurrency future. Bitcoin Cash (BCH) is the most well-known after it was hard-forked from BTC in Aug of 2017.

At the end of 2017, CBOE and CME accepted the Future Contract to exchange in America, which made investor hopes of bull market would be continuous. The capitalization of the market was increasing immediately after these news.

However, after this period, the market capitalization followed a downward trend since the beginning of 2018.

When we talking about the downtrend causing, we have to mention there is no new capital-flow in cryptocurrency, cause the panic of BTC bubble pluming after the peak. Otherwise, the issue of scam, fraud, security was cover this market when the BTC go to the moon.

There is a great resemblance between the BTC capitalization and the overall market, which shows the strong influence of BTC on this market. Specifically, the current price of BTC approximately 4000USD and has caused many people losses, pulling the value of many other coins down, causing many investors rushed to flee.

This time, in addition to selling by psychological fear, then indeed the investors have not found the other choices. Mainly because the market does not have mechanisms to protect investors in difficult times like the present.

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