Will Cryptocurrency Migrate Towards Integration This Year After Its Plunge?
Wei Zhongyuan
/SOURCE : yicai
Will Cryptocurrency Migrate Towards Integration This Year After Its Plunge?

Yes, it will.

Cryptocurrency will gradually develop towards integration this year, a concrete indicator of which is the rise in the market value weight of Bitcoin and Ethereum, which are its two main forms.

The price of encrypted electronic currency led by Bitcoin plummeted about 80 percent last year, which was not only because of policy, transactional security and other factors, but also because blockchain -- the technology underlying virtual currency -- ran into a bottleneck in its growth.

A relatively 'cool' market will help this technology mature, while in this adjustment copycat virtual currencies will gradually exit the market, even as Bitcoin and Ethereum claim ever greater market share.

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Keywords: Predictions2019 , Cryptocurrency