Is the Dip Over? Prices Rise Across the Crypto Space

[Zurcemozz]

In mid-August Bitcoin fell to $5,900, which was the second time the flagship cryptocurrency had fallen below $6,000 since March. Altcoins also hit a new low at this time, most of which have been declining against both Bitcoin and in fiat value since January. Although other aspects of the crypto space have seen remarkable progress during 2018, these price drops are more evidence that price volatility is the norm, regardless of other developments. Now, prices appear to be recovering, leaving many to wonder if the months-long correction may finally be at an end.

Bitcoin broke $7,000 on August 30th, and has been increasing steadily for the past four days. Notably, however, is the fact that altcoin prices have remained relatively stable for over two weeks, which is the longest sideways price movement of the year. This fact is a good indication that prices have hit a floor, and that investors are beginning to buy up coins at a discount.

Read MOre : https://www.crypto-news.net/is-the-dip-over-prices-rise-across-the-crypto-space/

[emjay825]

Hindi pa marahil. Magpahangga ngayon namumula pa ang market, lahat ng Top 100 cryptos sa coinmarketcap.com ay kulay pula pinangungunahan ng Bitcoin.