In recent days, the electronic money market has started tending to get rid of the vicious cycle up and down during the past month. April 20, electronic money market capitalization increased to $ 365 billion after days of "pale" succession of most currencies.
The return of the Altcoins
Up to this point in 2018, between volatile fluctuations and slight recovery, investors are leaning toward bitcoin as a safe haven. With the greatest liquidity and volume, bitcoin can maintain stability while many other coins have poorly priced charts. Most currencies have fallen by more than 80% from their ceiling and have struggled without fallout from bitcoins.
In the past seven days, the altcoins have been constantly "pale." Daily trading volume of the global electronic money market exceeded the $ 20 billion mark for the first time in April and the market has reached a new high.
In March and early April, investors were skeptical about investing in non-Bitcoin and Ethereum currencies because they were not sure about the short-term future of the market. While altcoins tend to be very unpredictable, their volatility makes investors think that risk is not worth the risk.
Meanwhile, traders have begun to take more risks than before by investing in electronic currencies such as Ripple, Zilliqa, Nano, OmiseGo and others. As the volume of altcoins on the major exchanges increases, altcoins begin to outperform Bitcoins and may be the ERC20 tokens that outperform the rest of April.
Nếu giá bitcoin phá vỡ ngưỡng $ 9,500 trong ngắn hạn, lý tưởng nhất là trong tuần tới, khả năng thị trường crypto vượt ngưỡng 400 tỷ USD trong tháng 4 là hoàn toàn có thể.