Bitcoin to Regain its Market Share in 2019

In 2019, Bitcoin will regain ground in terms of market share and capitalization as traders will flee risky altcoins and seek haven in a time-proven coin. That’s the year-ahead prediction published by leading consulting company A.T. Kearney.

“By the end of 2019, Bitcoin will reclaim nearly two-thirds of the crypto market capitalization, as altcoins lose their luster because of growing risk aversion among cryptocurrency investors,” the report states.

Regarding the main reasons for growing Bitcoin dominance, A.T. Kearney says that global financial regulators will adopt a more measured and less restrictive approach towards the industry. Their efforts aimed at reducing cryptocurrency price volatility and preventing criminal activities will help to reinstate confidence and foster market stability.

Some global jurisdiction…

This article appeared first on Cryptovest

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