Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Cash Forum => Topic started by: Lincoln657 on December 02, 2021, 05:08:11 AM
-
A favorable information background contributes to the current growth of flagship cryptocurrencies, however, before the bitcoin network update, expected in November 2021, rapid growth of digital gold should not be expected. This was stated by the head of the data analysis department in the ForkLog CEX comment.Broker IO Yuri Mazur.
According to the expert, the influx of new funds to the market in August is due to the disclosure of the internal potential of assets, primarily it concerns the successful renewal of the Ethereum network. Incentives for bullish movement also include the upcoming Taproot Bitcoin soft fork and the launch of smart contracts on the Cardano network, scheduled for September.
"The evolution of cryptocurrencies is likely to have a long–term effect and make digital assets more independent of external factors," Yuri Mazur believes.