CCN reported on 29th and 30th June-2018 that there is and will be downtrend in crypto-market. They say that the reason is due to volume of Bitcoin, Ethereum. The crypto-currency could not recover the market and so bitcoin was under $4 billion and Ethereum stayed near 1.4 billion. Though it is seen this volume is higher then previous day (28-June), but not enough to move to upward trend. The price may dip to $5,800 or even less which will result in more dip in Ethereum.
Now the question arises when will it recover back?
According to Ari Paul the market will get stable by the end of September-2018, which will lead the huge investors “Whale” enter the market and the price will spike by end of November or December-2018.
This can be true because if you see the last records and charts, it has always happened and it is even said that history repeats for crypto-currency.
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