crypto-safe

[crypto-safe]

Crypto Market Moves And Catylsts

Today was a really good day in the crypto space. A lot of movement was seen over the past week but really kicked off in the last 24 hours. I believe the major Catylst’s today in the way the market moved was two things:

1. Elon Musks’ tweet about pumping Bitcoin and it reaching an all time high today created a lot of new money and new adoption of other cryptos pouring out of BTC’s profit. As well as other young investors adopting other crypto investments.

2. A lot of people are frustrated with ETH’s high network congestion and are being slapped with high transaction fees which just show a huge scalability problem and people are subsequently moving into other technologies that serve to correct this issue.

Some other interesting observations that we are seeing is an early massive adoption of ADA (the cryptocurrency that is built on Cardano) that is created by the co-founder of ethereum. It’s solving scalibility and network issues by eliminating smart contracts and working on a proof-of-stake blockchain. Which is one of the reasons why I am very bullish on it. It’s had a massive 52 week high of .9331 and low of .0191 With very bullish price predictions being tossed around because of its high market cap. Let me know your thoughts and opinions are on the topics listed above .

Who were your winners and losers? What coins do you love? Do you agree or disagree?

Have a crypto-safe day!

[crypto-safe]

Hi everyone out here in crypto space this is my first post I’m glad to be interacting with you.