CRYPTO MARKETS FLYING, FINALLY. WILL IT HOLD?
At the time of press (Fri 8th 11.30PM EST) the market cap currently sits at just over $121B , after the an astonishing Friday rally, the likes of which we havn't seen in a long time.
Bitcoin up nearly 8%, Litecoin up over 30% in last 24 hours and now taking the No 4 position in the coin market cap after announcing a privacy partnership with Mimblewimble.
Ripple up over 6%, Ethereum up 13 % and EOS also up over 15%
There is suddendly a bullish sentiment but the question is will it last? Some traders have publicly disclosed the filing of long contracts on Bitcoin and Ethereum, expecting the value of the dominant cryptocurrency to jump higher.
Please note: This is not in any way financial advice and you should always research your own information from a diverse and valued source of resources.
WEEKLY CRYPTO NEWS ROUNDUP (26/01/19)
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