Cryptocurrency Market Update
Hello Steemians,
I will be posting my Crypto-market observations and my opinions on the coins that seem
to be promising (for daily trades). I hope you find my posts helpful.
===================================
The market saw a correction which was bound to happen, but this was fueled by the flash crash on ethereum that happened last week along with the lingering uncertainty as to the Bitcoin scaling dilemma.
We saw a MarketCap drop of almost 22% within 48 hrs. This dragged almost all coins on a downward spiral fall as panic selling kicked in. Today however, the marker started recovering and the MarketCap has regained almost half of its decline with all altcoins heading upwards again.
If you had missed buying at the dip, it is still not too late to jump in. I see quite a good number of coins that have a great upward trend in the next day or two. Ethereum, Litecoin, Lisk, Zcash and Siacoin.
Best of luck....
What do you think about Numeraire NMR? I could imagine it being the next huge day trading coin!?
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