What's up everyone. My name is Jigar Parmar and welcome to my steemit account.so lets have look on coin market cap first,
So right now there's a little bit of a bounce back for Cryptocurrencies but it's not very big ethereum still stuck at 200$-215$ range i mean i was think a lot of people or I can say this for a lot of people we , i was kind of expecting a kind of rubber bounce band bounce back to like kind of earlier before that we saw last week , where ethereum drops to 200 and instantly bounce back to 260 well kind of hoping fingers crossed for that but that's not happening and this is a sign that well there's going to be tough time to come and we definitely need to be prepared for that and we shouldn't have unrealistic expectations for thins kind of recovery or miraculous recovery last week well in terms of other cryptocurrencies bitcoin is still holding steady and ethereum classic is bouncing and bouncing back up and something with stratis which dropped tremendously over last few days also its bouncing back so there is small recovery on a market today but it's not really enough to kind of step back all the losses that we had overall and of coerce we are having talked about entering this short of bear market but there are lots of reasons for why cryptocurrencies are falling maybe because of alpha bay and Ico's cashing out and this oversaturation of ico's right now so there's definitely lot of reasons to yhis and there's no significant news though about you know changing cryptocurrencies or what not so this is still a lot of specculation and definitely still a lot of just market emotion right now in the current state and definitely the bitcoin debate is going to be one of the reasons why cryptocurrencies might be taking a dip.
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