Attention returns to the original crypto...

Bitcoin is continuing its steady climb in price and dominance, approaching 42% market dominance and a price nearing $11 500 USD at the time of this writing.

With talk of trade wars shaking confidence in fiat along with recent important improvements in Bitcoin via SegWit, it is likely that Bitcoin's value will continue to increase over the coming weeks. As predicted weeks ago, Bitcoin dominance is returning, as the unique selling point of low-fee altcoins is diminishing in significance now that Bitcoin itself is becoming much cheaper to transact. This is setting the stage for explosive growth that will likely happen later this year once Lightning transactions are fully implemented on exchanges and wallets. If an altcoin does not offer a unique purpose other than cheap, fast transactions, expect its appeal to decline as Bitcoin improvements continue.

A few other coins have maintained pace with Bitcoin, including the privacy coin Monero and the relatively new coin, Genesis Vision, which has received a great deal of attention lately due to its tiny circulating supply and unique utility as a trading technology. The market seems to be growing in discernment after a bearish period, returning to coins with utility and moving away from coins that lack unique purpose.

*This is not professional trading advice - it's just my opinion!

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BTC: 1FadQUp6PxQcbt1sicLRDE3f7v2kQPpVBq

BCH: 13Gb1p2m9evD6jaR2ZEs1dyVPRWojKFEfY

ETH: 0x3edfc32dd4d8daf4ec31663d7b90911127b35d9f

VTC: VeipQV2i8bzcecTo8MghDrb63L6MhmjRWM

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image source:

https://www.indiatvnews.com/business/news-corporate-affairs-ministry-asks-icai-to-prepare-report-on-bitcoin-auditing-424227