What's happening at the top of Crypto?
Bitcoin, after testing $20k is now down towards $16k. Is this because of the new threat posed from Bitcoin Cash? (more below). Is it an aftermath of the futures addition, now slowly showing signs of short-selling?
Ethereum has been relatively consistent over the last few months, rising from its former 'safe place' of $300. Can it reach $1000 by the end of the year? It is not so far off.
Bitcoin Cash: after being added to Coinbase, the price is roaring ahead. Just look at the history of Litecoin to see what a mainstream listing can do to a price, though the full extent of the Coinbase influence is a matter of debate. The addition was mired in controversy, as some suspected insider trading leading to price increases in anticipation of the listing.
IOTA - this seems to have gotten over the controversy from the Microsoft Partner/ not exactly a Partner media debate. $5 USD looks like it has some support. I have some personal questions over how the network can perform with transactions and true decentralisation. It's very hard to get true information on IOTA amongst all the zeal of the Lovers/Haters!
Dash, NEM, Monero. All strong well established coins with a large support. No surprises here, but I don't see them shooting into top 5 or below top 20 any time soon!
Source: screenshot & figures from coinmarketcap.com