Crypto Marketcap : What Goes Up Comes Down

in bitcoin •  7 years ago 

As you might have heard the phrase, what goes up comes down.

Same thing happened with crypto currencies this month, the market was having a bull run since over a month we have seen unexpected gains and hardly there would be anyone who had not profit from it.

The marketcap went all time high to surpass $107 billion and there was a great momentum for Cryptos as people around the world mainly India, Korea Japan get to flock their hands on Bitcoin and Altcoins leading to price rise.

However as big players pulled out and huge sell walls were placed on many Altcoins, combined with a Bitcoin bear run it is about a month since prices are down and people are realizing their loss or either waiting for a miracle.

To my expectation Crypto market will remain low and stable till end on June as we might see some interesting news coming up in August.

HODDDDLL

News.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Sounds like a great time to buy is coming soon! $$$

Hope for the best.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Dailysteemnews from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.