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Friday, July 28, 2017

Cryptocurrency Market Resilient As Bitcoin Approaches Potential Hard Fork

Cryptocurrency Market Resilient As Bitcoin Approaches Potential Hard Fork

The cryptocurrency market has been resilient as of late, retaining its value even as bitcoin, the largest cryptocurrency by market capitalization, faces a potential hard fork in less than a week. 


"Resiliency is the key term here," said Ryan Rabaglia, head trader for Octagon Strategy, noting the market's ability to hold on to the sharp gains it produced earlier this year.


For most of the last week, the total market capitalization of cryptocurrencies has remained above $80 billion, compared to $17.7 billion at the start of the year, CoinMarketCap figures show.


Full story at http://bit.ly/2h8y136


Source: Forbes


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