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Bullish trend sends Crypto Prices northwards


DreamStage

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Posted

Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained between 3-48%.

Full Source News here: https://news.bitcoin.com/market-outlook-bullish-trend-sends-crypto-prices-northwards/

Some Investors are talking about such happenings from the upcoming halving's antecipation as preparing for the next big miners fee where others due to latest new contracts at CME's BTC Options.

In my speculative opinion, i do believe such is due to more fuzz on the growing speculations concerning 2020 price after halving. Also cause of latest futures contracts.

But more likely due to investors preparing for miners heavy fees as blocks will be more hard for obtaining (in terms of mining achievements and rewards).

What do you think such price pump is due to?

  • 1 month later...
Posted

From what I understand, crypto prices are expected to get down by half ? That would be a huge dump for the cryptos especially the btc. But would be nice for us, the investors so we can buys lots of btc for cheap

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