Over the past 24 hours, 50% profit was made against tokens like Vechin, Ontology, and PurdixX, because crypto was redeemed in the market and showed bitcoin stability.
Vegine recorded the highest price rise on August 17, up 50 percent compared to the US dollar, which is the best digital property this week.
What is a strong performance token?
In the bear market, investors tend to avoid high risk-returning businesses, especially tokens and small market cap cryptocrucci. As a result, last week, the Bitcoin Preference Index was 60 percent the first time since the second half of 2017.
Over the past 24 hours, investors have begun to resume their money with major digital assets such as Bitcoin and Anthurium, Anthology, Véchine, Icon, Pundi X, Nano and Walton Chan, leading to the rise of the Crypto market.
Bitcoin remains relatively stable in the $ 6,500 area and other major cryptocortures but struggles to record major benefits, with a huge increase in token value reflects investor confidence in the market.
Bart Smith, head of digital property in Susquehanna, said that the introduction of Tracker One ETN in American markets could be the next major rally catalyst. He emphasized that ETN mainly finishes the Exchange Traded Fund (ETF) operation, although it does not have some insurance and security divisions in the traditional financial markets, so most retail investors can invest in the bitcoin market in the near future.
Today, the $ 8 million turnover (via ETN) so if you repeat it again in the fund, it adds faster. ETN can be a big deal if this rate continues over time, but the market does not grow and the market is in show-mode. Smith said, "There are so many news that you think you are a catalyst."
Many positive developments in the cryptocarrency sector, Cobot Bitcoin affect the Starbucks market, with the possibility of ETF approval and the creation of a ICE, the New York Stock Exchange, a batch of Microsoft, and the Tracker One Betocane ETN in American markets. Emphasized that the center of the cryptocurcie could be added to another mid-term rally so far.
Positive news for Bitcoin
For months, investors did not want to invest in tokens and high risk businesses. The number of retailers is making small market cap cryptosystems, which increases the size of the crypto market. Over the next few days, in the ideal scenario of the market, bitcoin will display stability in mid-$ 6,000, which will set the lowest rally in the short term.