Krypto Currency Markets Continue To Fall: 4 Things That Are Likely To Happen By The End Of 2018

in #bitcoin6 years ago

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While the recent "no-leaf volatility" in the krypto money markets has left itself on the downward trend since today, several analysts have varying views on the subject. Of course, nobody can express very clearly what will happen in the crypto money industry, but we have put together 4 ideas that will not be surprised if it happens for you valuable readers by the end of the year. Here is the possibility that the various analysts point out.…

1-) Total Market Volume Will Decrease

At the end of 2017, as early as 2018, there was almost $ 900 billion in currency money markets, but with the addition of lower quotas to Bitcoin's serious decline, a significant amount of money was withdrawn from the market.

In particular, the coming of institutional investors to the sector and the realization of Bitcoin futures on various stock exchanges, making things a little worse, especially the start of Bitcoin valleys in NASDAQ and CBO, and the desire of many other institutions to follow this trend has led to a decrease in the market volume in the short and long term.

As Goldman Sachs continues to announce that he is ready to offer this option to his customers, some authorities say that this will continue to reduce the krypto money markets.

In the last week, krypto issued almost $ 30 billion in currency markets, while the total market volume in the sector was $ 314 billion. Let's see if this fall will continue until the end of the year.…

2-) Bitcoin Will Fall In Half Once Again

It is clear that bitcoin had a decline after finding $ 20,000, and the number one name of the krypto money market was going through hard times. In particular, after a sharp drop in the end of December, some experts say that the price of Bitcoin, which was nearly 6 thousand dollars in early February, can be reached to these levels and even lower points.

Finally, for example, Willy Woo, a respected Crypto currency and digital product analyst, shared his analysis of the crypto currency markets and claimed that Bitcoin's price could fall below 6,000 dollars in the short term, while many joined woo.

While the authorities stated that bitcoin would fall to around $ 7,000, the price balance would drop to $ 4,000, and of course time will show what will happen. As a result of such negative comments, market analysts are showing monetary problems in South Korea, China and the United States.

3-) Will Ethereum pass Bitcoin?

Here is the favorite question of the crypto money markets, once again. For many years, many people have claimed that the term Ethereum has a chance to pass Bitcoin, and it will happen sooner or later, while some analysts agree.

In particular, a relatively safer port began to be seen as a lot of the stock market and now began to find a response instead of Satoshi, the beautiful days for the Ethernet is close to some of the analysts expressed that, although it seems not possible until the end of the year at this stage, ethereum'un every day, he said.

Especially with the smart contract system and Blockchain platform, a large number of ICO are being organized on the Ethereum platform, which is becoming a choice for people. While many large and small projects are almost crushing each other on the platform every day, the analysts hope that this will bring Ethereum to the top sooner or later, and the idea that ethereum is the only koin to replace bitcoin one day.

At this stage, there is a $ 70 billion difference between the total trading volume of the two banks. Let's see if the ethereum can close that gap and prevent Bitcoin.

4 -) America Will Tighten The Rules Thoroughly

Speaking in December, Jay Clayton, President of the American securities and Exchange Commission (SEC), directed very heavy criticism of Crypto money and ICOS. He stated that it was difficult for these products to be regulated by nature and stated that this situation was becoming difficult for the United States.

At the beginning of this year, there were several problems with the tax processes, but at the end there was a middle way. In the United States, which is one of the countries that suffer from the declarations of gains derived from krypto money, government and local governments are expected to focus more firmly on this issue in the coming period.

According to some analysts, the dosage of Washington sanctions may increase throughout the coming period. It is a known fact that the names on top of America and leading the country do not like the anonymous nature of Crypto money. At this stage, even though the USA's follow-up to a South Korean policy is not expected, it will show the situation.

On the other hand, some analysts say that the level of the yen will be experienced for 2018 and later.

@cleverbot
@banjo

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I just hope this doesn't affect SBD so much that is not worth it for steemit users. We all want this services to go on

I agree with you. These fluctuations will be short. @rogueofoz

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