The following bullrun can lead to something unprecedented large. The experts
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Investment Bank Galaxy Digital commented on the next rebound of the stock market in a letter to customers. According to the company, such short rally can often be harbingers of bigger lift. At the same time, this jump can be a lot more reasons than we know. We also should not forget about the upcoming entry in the sector of institutional investors. We will remind, the last few days kryptering showed growth and stayed above 4 thousand dollars.
Short shocks – it's just something that usually happens before the real rally. They can form a more stable demand on a low level because everyone knows about the plans of the institutions for cash.
Particular attention should be drawn to the planned launches of the custodian of the cryptocurrency service Fidelity and platform Bakkt focused on digital assets. We will remind, the American investment company Fidelity about the launch of trading services for institutional investors in October 2018. Platform for digital assets at the beginning of the Intercontinental exchange (ICE), which includes 23 of the world's leading exchanges has recently confirmed its plans to launch at the end of January 2019.
The Founder of Galaxy Digital Mike Novogratz eve expressed optimism about the leading cryptocurrency, and said that I never thought about the drop in the prices of Bitcoin. This is despite the fact that the Galaxy Digital lost 136 million dollars in the first three quarters of 2018 due to the significant fall of CryptoRandom. The Bitcoin lost 80 percent from the historic high of 20 thousand dollars in December 2017.
Today, the coin trades at 3900 $ per day rate dipped to 4 percent. The total market capitalization is equal to 127 billion dollars. More data to search for .
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