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After the values of the popular cryptocurrencies Bitcoin and Ethereum collapsed towards the end of last year, both have shown significant resurgences in the last 30 days.
Ethereum was worth $ 92.14 on December 9, 2018, but increased to $ 154.58 as of January 7, 2019.
Bitcoin, which was worth $ 3,452.62 on December 9th, is worth $ 4.014.13 since January 7, 2019.
This equates to an increase of 67.77% in the value of Ethereum and a 16.26% increase in the value of Bitcoin.
In rand terms, Bitcoin has increased by 20.42% in the last 30 days Luno. Ethereum is rising, gaining 72.90% in the last 30 days.
These increases in value will reignite the hope of cryptocurrency fans who claim that 80% of Bitcoin was just a fall bump into the road.
Continued earnings
Cryptocurrency expert Simon Dingle predicted at the beginning of December 2018, Bitcoin will see a slow recovery in prices throughout 2019.
However, it does not expect Bitcoin prices to beat any record this year.
"I really hate to talk about price, but I would not expect any major moves to break the historic highs in 2019," Dingle said.
"If you're looking to get rich quickly with huge price movements, I'd suggest you chill your beans for at least the next year and a half," he added.
Dingle said that Ethereum will probably have the most powerful recovery in 2019, adding that it is the most underrated cryptocurrency in circulation.
Blockchain in 2019
According to Dingle, Bitcoin and Ethereum will dominate the cryptocurrency scene in 2019 – with less ICOs claiming to be "better than Bitcoin" that will hardly make significant raids.
He added that there are a number of important blockchain events coming up this year.
"There are some big events coming in 2019, starting with the launch of Bakkt, which is a Bitcoin securities platform developed by ICE – the company that owns the New York Stock Exchange – in collaboration with Microsoft and Starbucks," said Dingle .
According to Dingle, the revocation by China of various bans on Bitcoin, as well as some American states that allow paying taxes with money, are good signs for cryptocurrencies.
Ethereum
Bitcoin
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