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Bitcoin zips past $19,000; altcoins zoom

Bitcoin zips past $19,000; altcoins zoom

Bitcoin (BTC) zipped pass $19,000 on Tuesday, rallying nearly $7,000 in a month. The cryptocurrency is now within sight of its all-time high of $19,783 reached on Dec. 2017. It has a market cap $354B. Along side, other altcoins, lead by Ethereum, too are seeing significant rises. Over the past 24 hours, three coins (of the Top 100) including Verge, Zilliqa and Stellar have seen over 25% gains.

Chris
Chris
Viviko
Viviko 1 months

I’ve been in crypto since 2015. To be honest, I would stay away at this point. Right now I’m just selling the Bitcoin I bought at around $4K during the last crash. This is just sounding like 2017 all over again. Sure, more firms are offering crypto currencies, and that’s what people say is different today. But the fact of the matter is no one is transacting with it yet. Have you paid a bill in crypto currencies yet? Maybe one in a million have. But for the vast majority, probably not. Until that kind of adoption takes place, crypto isn’t really worth this much. I’d say Bitcoin is probably only worth around $5K today to be honest. The market right now is just filled with naked emperors thinking they are making a good gamble... err... I mean “investment”. Once this stuff goes on sale (crashes), these people are going to go back to living under a rock and miss the appropriate time to buy.

Tevo
Tevo 1 months

Weird they pick only few coins with low rize amount. defi market saw 100%+ increase on several tokens. Cardano had like 60%+ increase and has so many tools coming out.

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