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Cryptonaire-Weekly-11.12.2018.pdf
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🔗 Source: platinumcryptoacademy.com
📊 Size: 8.33 MB
📄 Pages: 32 pages
⬇️ Downloads: 103

Summary

The cryptocurrency market dropped last week, with the overall market cap at $110 billion. Bitcoin's price is around $3,510, down 13.50% in the last seven days, and Ethereum's price is around $96, down 17.60% in the same period. Despite the decline, some analysts believe Bitcoin will bounce back, citing historical trends. Morgan Creek Digital is willing to bet $1 million that their Digital Asset Index Fund will outperform the S&P 500 over the next 10 years. Analysts forecast Bitcoin to bottom out around $1,500 to $2,500 before potentially rallying to $333,000 by December 2021. Institutional money is expected to support the next uptrend, but traditional investors are waiting for regulatory clarity. The current market dominance is led by Bitcoin at 54.95%, followed by Ethereum at 8.59%, and Ripple at 11.28%.

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The cryptocurrency market dropped last week, with the overall market cap at $110 billion.

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  • File Format: PDF
  • File Size: 8.33 MB
  • Pages: 32
  • Language: EN
  • Total Downloads: 103
  • Last Updated: 1 month ago

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