Capitalization is stable at $ 137 billion, TRX rises in price by 7%. 2019 will be boring? Market Review

The crypto industry maintains stability in the range of 135 to 137 billion dollars. TRON and NEO showed an increase of 7% and 10% respectively - these are the two most effective tokens among the leading digital assets.

Despite the fact that in the past two weeks a decent trading volume of around $ 5 billion was recorded on the BTC market, there were no signs of a significant breakthrough above key resistance levels.

Will the market be boring in 2019?
Over the past few weeks, some crypto assets, such as Ethereum (ETH) and TRON (TRX), have risen in price due to the planned development and launch of new products

Constantinople (Constantinople) - hard fork in the Ethereum blockchain network, to be held from 14 to 18 January. Since mid-December last year, on the threshold of the hard fork, the price of the Ethereum asset has almost doubled.

The TRON market also recorded a significant increase in the price of an asset the next day after the submission of the BitTorrent token, the own cryptocurrency of a widely used torrent protocol launched on the basis of the TRON blockchain.

BitTorrent Token technical documentation read:

Optimizing the existing BitTorrent protocol is an obvious first step in the integration of a cryptographic token.

Many analysts expect that the cryptocurrency market will undergo another significant correction before the beginning of the multi-month consolidation period and the accumulation phase.

During this period, some cryptocurrencies, such as Ethereum and TRON, may exhibit upward price movements while waiting for product release and protocol updates, but most cryptocurrencies are likely to remain stable due to low trading volumes and reduced overall trading activity in the market.

Not the whole community is waiting for a boring year.

Travis Cher, vice president of Digital Currency Group, a venture capital firm that invested in some of the largest cryptocurrency companies, such as Coinbase, said that 2019 would be a volatile and full of surprises.

Cher stressed that both individuals and companies in the industry do not want to leave the market and wait for crypto winters outside of it

In the second half of 2019, the recovery of the cryptocurrency market can certainly be recorded, especially if the cryptocurrency stabilizes and recovers during the first two quarters. But, based on the short-term dynamics of many assets since November, the probability of a sharp trend reversal remains low.