Cryptocurrency and ICO news 04.07.2018
BTC gains more dominance over the market
Over the past 2 months, Bitcoin (BTC) increased it’s dominance over the market to 42% (+7%). Retrospective shows that it could be a first signs that third worst correction is over and market may enter the bull phase soon.
Moreover, most of the ICOs, founded in winter of 2017, passed its sale stage and either launched or died. Worth noting, that time was a “crypto rush” and many projects appeared that time. Thus, the pressure is reduced now on BTC and ETH. For example, EOS – one of the biggest ICOs ever – finally ended a sale of the collected Ethereum.