Notes

Cryptocurrency Markets - The Future of Cryptocurrency
After months of volatility, the crypto markets lastly found some stability.
In late January, the market worth of all cryptocurrencies dropped to round $320 billion from a peak of nearly $400 billion in December. The worth of bitcoin dropped from slightly below $20,000 to around $12,000, and different main coins saw related losses. In February, crypto markets staged a gradual return, with most major coins climbing back above their earlier levels and lots of setting new file highs. As of April 20, the market value of all cryptocurrencies is around $400 billion.
The largest Winners And Losers From The Market Rebound During the crypto market meltdown in late January and early February, a number of digital coins lost greater than 90% of their market value, with the worst performer being IOTA at -97.8%. However, since the markets began to rebound in mid-February, an enormous number of altcoins have managed to enhance their standings, and IOTA is now only buying and selling at -70% of its previous worth. The following desk reveals the biggest winners and losers from the market rebound.
Table 1: The largest Winners And Losers From The Market Rebound
Rank (Weeks): (Rank)
WEEK (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
WINNER (BTC): Bitcoin (BTC) (+7.2%) (ETH): Ethereum (ETH) (+6.1%) (XRP): Ripple (XRP) (+5.8%) (BCH): Bitcoin Cash (BCH) (+5.7%) (LTC): Litecoin (LTC) (+5.3%) (ICN): Icon (ICN) (+4.8%) (XMR): Monero (XMR) (+4.7%) (ZEC): Zcash (ZEC) (+4.5%) (Etc): Ethereum Classic (Etc) (+3.9%) (ADA): Augur (ADA) (+3.7%) (BTT): Binance Token (BTT) (+3.6%) (IOTA): IOTA (IOTA) (+3.5%) (AONT): Ark (AONT) (+3.3%) (ZRX): 0x (ZRX) (+3.2%) (HYN): Horizon (HYN) (+3.1%) (SNT): Stratis (SNT) (+3.1%) (Tron): Tron (TRX) (+2.9%) (XEM): Stellar (XEM) (+2.6%) (ICOC): ICOC (+2.5%) (CHZ): Chaumei (CHZ) (+2.3%) (FCT): Feitong (FCT) (+2.2%) (LOVE): LOVECOIN (LOVE) (+2.2%) (PIVX): PIVX (PIVX) (+2.2%) (VIC): Victoria (VIC) ((VIC)-97.8%) (AUR): Auroracoin (AUR) ((AUR)-97.8%) (Dash): Dash (Dash) ((Dash)-87%) (NEO): NEO (NEO) ((NEO)-83.6%) (OMG): OmiseGo (OMG) ((OMG)-75.9%) (SBD): Stratis (SBD) ((SBD)-71.8%) (KCS): Kodak Coin (KCS) ((KCS)-62.3%) (XRP): Ripple (XRP) ((XRP)-60.9%) (Fun): Fun (Fun) ((Fun)-58.7%) (TRU): Truecoin (TRU) ((TRU)-56.2%) (ICX): ION (ICX) ((ICX)-53.9%) (MKR): Maker (MKR) ((MKR)-52.5%) (ZRX): 0x (ZRX) ((ZRX)-46.6%)
The rationale Behind The Market Volatility Although most main coins saw huge worth will increase during the primary half of this 12 months, there have been a number of causes for the market volatility.
Firstly, the prolonged bear market in 2018 caused traders to question the lengthy-term prospects of cryptocurrencies as an funding. Because the markets bounced again this yr, particularly in mid-February and April, many wondered if the current promote-offs have been simply a correction or if this was the beginning of a new bear market. Fear of lacking out (FOMO) was also a major factor, with many buyers in search of to capitalize on the “opportunity” to quick cryptocurrencies, especially from social media.
Secondly, international politics and commerce issues began to take a toll on the crypto markets in early January when the U.S. authorities carried out a tax on cryptocurrencies. The ensuing “fear factor” sent many investors operating for the exits, especially from countries the place regulation remains to be a work in progress. For instance, as of April 20, the U.S. government hasn't accredited the use of bitcoin as a technique of payment for foreign transactions, so U.S.-based exchanges do not supply trading pairs for most cryptocurrencies with the exception of bitcoin.
Finally, institutional investors who have been sidelined for many of the yr began to become extra energetic within the markets, using platforms like Binance to go long on BTC and brief on almost every different crypto.
The Longer-Term Prospects Of Major Coins With the exception of TRON, which is seeing steady progress in 2020 resulting from its partnership with BitTorrent, nearly all of the largest cryptocurrencies by market value saw a value lower within the close to time period.
In fact, the only coins that managed to remain relatively stable over the past six months had been TRON, BCH, and, to a lesser extent, AION. However, even those coins have declined in worth by greater than 80% since January 2020.
The rapid future of most main coins looks bleak so long as the current political and economic atmosphere persists. The next bear market might be simply across the corner, and based on the current economic principle, it wouldn't be too surprising.
What Do Investors Need To observe In The coming Months? Although most buyers are cautiously optimistic about the future of bityx given the latest market rallies, they must nonetheless be careful not to get overexposed to the markets. The subsequent few months will undoubtedly be eventful as governments, lawmakers, and regulators try to know the best way to regulate cryptocurrencies and blockchain know-how in the best possible manner.
The business continues to be in its early phases, and though many coins have entered the market with the promise of offering a greater and extra efficient strategy to trade worth, only some have managed to perform that up to now. Additionally, the volatility within the markets prevents many institutional and retail investors from fully taking part, so it is crucial that governments and regulators present clear guidelines for crypto markets.

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