When everyone thought that Bitcoin had become a stablecoin and that the Alternative market was beginning to wake up, the trend reversed.
Bitcoin’s price corrected, and declined and the entire market followed. Could this be the effect of a Wall Street correction?
Meanwhile, Tether’s rate has stabilized and is now trading at around $0.993. Although the panic has diminished, there is still a difference between Bitfinex and the other exchanges.
Despite the good news at Ripple, the price has remained relatively stable. It seems that the market is still in pain and is not ready for another Alt’s season.
The October summary appears red. Although there are still two months to the end of the year, it seems as though the entire year will end the same way. Is there any chance of an awakening?
Despite the declines and slanders that returned to the headlines, 2018 brought more recognition than ever as new players entered the field, including various regulators across the world.
Total market cap: $202 billion (since August).
Bitcoin dominance: 54%
This article was first published on: Oct 30, 2018
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