5 years ago

Market Update March 16

Jonathan Berger Mar 17, 2017 18:21

Is there an Altcoins bubble? the moment the SEC had rejected Winklevoss brothers’ Bitcoin ETF became the moment when Altcoins returned to the main strage of crypto.  Since then, almost a full week where alts are having their euphoria, what brought the market cap value Alcoins/Bitcions to all-time high.

Here is a graph of Bitcoin market cap over Altcoins market cap, as we notice, we are very close to the lowest point where last year, from that point Alts were falling as Bitcoin was rising.


ZCL Zcash Classic: During last December we reported on Zcash’s little brother in our featured article. One Zcash classic was traded for only 0.007 BTC. Since then we are experiencing continues rise, and still, market cap of ZClassic is very small. Lots of potential for growing.


DASH: No words to describe. Does not stop… The alt has already reached $ 100 per 1 Dash. There is more to expect.


ETH Etherium: Ether dollar exchange rate has been doubled. ETH had just broke all-time high. As said, Altcoins bubble?


REP Augur gambling platform: As we reported here in one of the recent reviews, the momentum of REP is very positive. After continues dump of Augur since price discovery, we saw accumulation and it blew up. Follow here to read about Augur’s project.


Bitcoin: Still stable above the important $ 1,000 level. If Bitcoin would decide to rise toward all-time high, which was reached during ETF decision a week ago, it will be very interesting the reaction of the Altcoins market.

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Jonathan Berger

Breathing crypto since early 2013. Jonathan lives 24-7 analyzing market condition and current situation. One of his hobbies is mining very low-cap altcoins. Contact Jonathan: Facebook