Flashback to 5 Jan 2018
Bitcoin: The cryptocurrency flagship entered 2018 at a relatively quiet pace, but started to pick up around the end of this week. At the time of writing, Bitcoin is up 14.55% for the week.
Ethereum: Although losing its #2 market cap spot to Ripple’s explosive run, Ethereum broke through the $1,000 price barrier to near $1,075 with a gain of 31.82% for the week.
Ripple Now the Second Most Valuable Currency: This has been a wild and exciting ride for Ripple investors this week. The currency reached an ATH of $3.81, a 1424% increase from 30 days prior. The dramatic increase comes as a global interest in cryptocurrency continues to grow and given ripples practical usage (with big-name financial partnerships) for cross-border payments.
Altcoins Help Crypto Market Cap Reach ATH of $700 Billion: December may not have been the best month for Bitcoin and other major cryptocurrencies, however “the pre-Christmas sell-off seems to be well behind us now”
Reference
Coincentral - "This Week in Cryptocurrency – January 5th, 2018"
15/01/2021
This is a healthy reminder of the similarities between the current chart pattern and market sentiment in early January 2018 compared to now (15th Jan 2021). Trade with caution.
- BreadCharts
Ethereum: Although losing its #2 market cap spot to Ripple’s explosive run, Ethereum broke through the $1,000 price barrier to near $1,075 with a gain of 31.82% for the week.
Ripple Now the Second Most Valuable Currency: This has been a wild and exciting ride for Ripple investors this week. The currency reached an ATH of $3.81, a 1424% increase from 30 days prior. The dramatic increase comes as a global interest in cryptocurrency continues to grow and given ripples practical usage (with big-name financial partnerships) for cross-border payments.
Altcoins Help Crypto Market Cap Reach ATH of $700 Billion: December may not have been the best month for Bitcoin and other major cryptocurrencies, however “the pre-Christmas sell-off seems to be well behind us now”
Reference
Coincentral - "This Week in Cryptocurrency – January 5th, 2018"
15/01/2021
This is a healthy reminder of the similarities between the current chart pattern and market sentiment in early January 2018 compared to now (15th Jan 2021). Trade with caution.
- BreadCharts
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