What will 2019 cryptocurrency market bring?
2018 has become an interesting one for the cryptocurrency market. Capitalization in early January of that year almost reached $800 billion, but by the end of the year it had decreased several times. Investors could not stand the sharply started bear cycle and began to take away their cash.
What will the year 2019 show? We will be honest with you, cryptocurrency can continue to fall. But do not undergo another panic with every move down. The cryptoindustry believes that BTC and altcoins will definitely enter a phase of rapid growth. We think that the two events will become triggers to increase the rate of cryptocurrency tokens.
The next important event will be the launch of the Bakkt project. It is platform for investors. The peculiarity is that the first product on the site will be futures for the main cryptocurrency. The start of the project was originally scheduled for the end of 2018. Interest in these futures was so high that they decided to postpone it to the end of January 2019.
Probably, the US Securities and Exchange Commission should respond to a BTC-ETF bid in March 2019. This event will clearly increase interest in the crypto bank. Cryptocurrency experts like Tom Lee, Rick Edelman and Mike Novograts expect BTC-ETF.