In captainvalor jaw dropped when Bitcoin and ripple has updated annual minima. Although the sudden collapse of the market promised for several months, for many investors, Bitcoin drop below 5800 dollars have been the trigger to sell. In connection with these events, CNBC even decided to restart my project Fast Money, which was frozen for several weeks. Immediate release has a new chief strategist Coinshares Meltem Demirors, which is considered one of the most influential women in Cryptoprotected.
theDemirors drew attention to the relatively long-term . This stability slightly disappointed speculators, because the lack of volatility will not earn much. Perhaps the situation was the catalyst to the total sales of bitcoins, which the market of digital assets lost as much as $ 20 billion.
As one of the main reasons Demirors allocates institucionales and hedge funds that are in the process of redistribution of portfolios was decided to reduce the share of the cryptocurrency assets. Also, we cannot exclude the strange behavior of Bitcoin prices due , which took place on November 15. She recalled that such was the case when the first hard forks BCH in August 2017.
Source: Cryptonews
Just As he said to Newsbtc, it's quite a gloomy view and forecasts for the cryptocurrency ecosystem. However Demirors said that physically secured Bitcoin futures can in the long run to give very positive result.
The same applies to cryptocurrency startup branch of the company . In addition, it is impossible to completely discard the option of a cunning conspiracy whales that decided to open up major new players in the door cryptoprotection. More data to search for .
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