It´s nice to see Ethereum having a run right now, which makes it trade at values of about $1300 USD while almost all other big cryptos are down 5-20% at the same time. It seems like ETH has overcome the cryptokitty bumps and is now back up running to new highs :)
Nonetheless in my opinion there´ll soon be some devaluation happening in the altcoin market as it seems like Bitcoin is more than just ready for its next big jump towards the previous highs or maybe even more than that. With a market dominance of only 33% it seems to be oversold again and I somehow expect that it will jump to a 50/50 ratio once again.
This doesn´t mean of course that you should put all your money into BTC right now. Do your own research and jump in whenever you like ;)
What´s Your Opinion on the current market?
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