26 June 2018

Overview of the crypto-currency market. The market is again growing

For a couple of days, the cryptocurrency market realized that bulls on the market don't want to see BTC below $6 000. It's noticeable that they are trying hard to keep digital gold above this mark. But we can't move on on any longer-the bear market in the medium and long term.

The digital market today again shows positive dynamics. The first cryptocurrency shows daily growth og 1.45%, trades are conducted at $6,239. The growth of the Etherium is similar - 1.45%, you can buy the asset at $456.92. Ripple is sold at $0,48, the coin has risen 1.81%. The BTC domination index is 41.5%, the daily volume of digital market has almost reached $19 billion, the total amount is $250 billion.

It seems that this growth is a still a corrective movement. We remind you that this is an integral part of the trend movement. Buyers don't see crypto market interesting in the present day, they are frightened by huge volatility and downward movement, which lasts for 6 months. New money will enter the market only with an extremely positive news background. This can be both the recognition of digital currencies in developed countries, and the technological breackthrought of any coin.

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