Greetings to all readers of this great platform, especially to those who make life within the great community of #ProjectHOPE, in the present opportunity I want to talk to you a little about the crypto market, it is true that I had a while without being able to appear by the community, this for different personal reasons, but I am already resuming all my activities, and with it to resume the topics of the crypto market being something striking at the present times.
Screenshot taken at: PixaBay |
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The crypto market, mainly the Bitcoin, has had a really striking year in terms of its behavior, because the price of it the only thing it has done during these almost 11 months has been to rise, with which we have a really striking and favorable situation as far as the Bitcoin is concerned, it has exceeded on several occasions the historical maximum that is generating in each passing week, as is happening at the present time.
When we look for its movements, we can observe that just 6 days ago, it managed to reach its new historical maximum until today, the same was 93,477.11 US$, which is really very close to be surpassed once again or at least that is what the crypto market is aiming at, taking into consideration that, bull market times for the crypto market in general, it would have to be the next year the period of highest growth.
Now, we have not seen the impact that we expect in the altcoins, which really tend to react in a very different way or better said in a more abrupt way than BTC, but currently we see an even growth or even a higher growth by Bitcoin in reference to Altcoins, with which we should have several factors in mind, and the first of them is to think that most of the investments are being generated in the income of dollars in Bitcoin.
With this situation the entries of new investors in Altcoins can become few, but due to the amount of investment that exists in the different funds of the projects, mostly in Bitcoin, we can observe a market that generates growth by increasing the pool of each project reflected in Bitcoin, there is still a long way to go in the current market, but really the Bitcoin is having a very positive moment in terms of growth and development.