Bitcoin consolidates around $ 4000, Altcoin in green

January 9, 2019 Ripple

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So far, 2019 had been positive for the Crypto market as bears took a break, and since the beginning of the year, Bitcoin has been trying to stabilize around the $ 4000 level.

Most Altcoin had a green week when Ethereum returned to its usual second place on the top list of the market. However, the competition with Ripple is still very tight.

Tron had a fantastic week, earning around 40%. As long as Bitcoin remains stable, investors seem to feel comfortable investing in Altcoin, after falling 80-95% in value terms in 2018.

Interesting examples are Ripple, which rose more than 100% from its plan of about 4,000 sushi, and Ethereum, which currently trades around 0.037 BTC after reaching an annual low around the 0.024 level.

As mentioned earlier, 2019 is smiling on crypto. However, earnings are not enough to attract new players and investors.

The market is still undergoing correction for the 2018 bear market, and it is too early to declare an inversion.

Total Market Cap $ 137 billion | Dominance of 51.5% in favor of Bitcoin.