Yeah, this is mainly because investors are now diversifying their Bitcoin holding among other coins as there isn't any FUD in the market forcing them to hold Bitcoins. No FUD simply means Boom in Crypto Market.
However, there is another reason for Bitcoin Stagnation at the moment and that is BCH drama! Every month Roger and Team repeat their planned so-called "BCH is new Bitcoin" drama and inexperienced crypto community blindly follow them. As a result we see huge instant pump in BCH price and dump the very other day. That is another reason why Bitcoin is today falls.
Topic: [2017-12-20] Bitcoin Price Stabilizes as Cryptocurrency Market Cap Tops $600 Bil (Read 90 times)
December 20, 2017, 12:11:52 PM
December 20, 2017, 10:43:44 AM
The futures markets are in full swing and price action on the Bitcoin trade has garnered a tremendous amount of activity over the past few weeks. The transaction memory pool has become filled with outstanding transactions to confirm. The average amount of transactions per block is close to an all time high. Bitcoins market dominance has dropped from a recent high on December 7th of 64% to now treading above 50% as the altcoin market has exploded this past week.
Read more: https://coinidol.com/bitcoin-price-market-cap-tops-600-billion/
Read more: https://coinidol.com/bitcoin-price-market-cap-tops-600-billion/
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