Steep and Rapid Fall of Altcoins (including Ethereum, Litecoin, Ripple) helps Bitcoin Recapture 40% Crypto Market.

Hello Steemians,
Yes, Bitcoin has Regained 42% of Cryptocurrency Market Cap, credits to Altcoins Downtrend!!

The Price of Ethereum has fallen rapidly over past 5 days. This has also resulted in decline of its market cap.

Other Altcoins have been seen to co-operate with Ethereum in this aspect, and their Prices have also fallen.

Litecoin in Past 5 days...

Ripple in Past 5 days...

Bitcoin has also suffered the Price Drop, but its Market Cap has increased by 2% in past 24 hours, leading to an overall Market Share, exceeding 41%.

Points to be Noted:

• Last Week, Ethereum and its Related ICO's were at the Apex and this forced Bitcoin to accept decline in its overall Market Share. Bitcoin saw its lowest ever cryptocurrency market cap of 37%.
• This downtrend is more impressive, compared to May's Slump.

Effects of Crypto Crash:

• Short Term Investors has suffered Huge Losses and Will Now need some time to get back on the Track.
• Steem and Steem Dollars were not much affected. This shows, a Nice Stable Social Platform is needed for a Strong Cryptocurrency.

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Note: I do a Great Research before making any Announcement about the Prices and Future of any Altcoin. Also, I Listen to Everyone, but I Trust Nobody. Listen to my Announcements, Do your Research based on it and Invest Wisely. Success shall be Yours :)