It is not yet the end of the cryptographic market volatility, said SFOX in a Forbes article. Analysts expect that it will continue for some time in the new year, even if not so intensely. Using the data collected from eight major markets and liquidity providers, SFOX gives us some insights, as the development of the community's infrastructure and engagement will probably produce positive results despite the bear market.
"The cryptocurrency community lacks the data that serious investors have to relate to market movements and make informed decisions," said Danny Kim, SFOX's growth manager. "We hope that by breaking down the key factors of 2018 and continuing to provide these analyzes every month, we can contribute to the continued growth of the cryptic industry we saw in 2018".
According to SFOX, volatility increased in three phases during 2018. Key factors during the last phase were the bitcoin cash fork and the SEC agreements. Others include encryption theft, Facebook and China decisions to reduce individual exposure to cryptography and bitcoin pricing manipulations.
Kim said infrastructure progress was "the most encouraging trend of 2018" as it will provide substantial support to the industry. Even if volatility is expected to fall, there are still factors that can influence it, he said.