Hey ninjas, how’s the trading going? As the year 2019 approaches its end the largest cryptocurrency Bitcoin has continually failed to break above $8K. Bitcoin initially started the year 2019 trading around $3,800 and was reporting an uptrend in market price value.
The largest crypto achieved its highest point in the year trading above $13,000 in the month of June. Since BTC achieved trading above $13K in June it's market price value has slowly depreciated.
On the 18th of December, Bitcoin dipped to trade at $6,647 its lowest point of the year but bounced back to trade to trading above $7K on the 19th. At press time, BTC is trading at $7,205 and is reporting moderate daily losses of 1%. At press time, Bitcoins’s market cap value is over $130 billion.
The year 2019 has been a tough year from the top crypto’s as well as crypto users with the amount of cryptocurrency fraud skyrocketing in 2019. The largest altcoin Ethereum has had quite a year, Ether officially began the year 2019 trading at $138 and much like Bitcoin reported an uptrend in price value until the month of June where Ether achieved its highest point of trade in the year so far, trading at $311.
Since then Ether battled for stability but would only depreciate further in the coming months. At press time, Ether is trading at $126 and is reporting daily losses of 1%, it's market cap value is over $13 billion.