What's going on in crypto news today? Whilst the US economy is doing very well overall, the stock market is taking popular over the past month or two. The same thing goes to the crypto market. If it's been awhile since you've taken a look at digital currencies, well, your jaw might drop. Bitcoin continued the decline, plus it seemed as if most every other currency followed.
While which may be the case, you must keep in mind that it's now 2019. January is really a month wherein the markets usually start creeping back up a little at one time. Even though everything appeared to be in the decline recently, you also have to comprehend that at the very least regarding the stock market, securities have been increasing all through the year to watch xrp 2020 price prediction. Digital currencies may not have observed the identical gains, but are still holding their very own.
No one can expect BTC to be at $19k levels, and thus where it's at still will make it digital currency gold. Not to mention ETH remains to be holding its very own too. Among the best currencies to adhere to is DOGE, and is particularly down again to the regular levels after surging this past year.
While it tripled in value at some time, DOGE was still selling for less than a penny a coin. It is actually one currency that we be prepared to do quite well down the road. Yet it is definitely tough to tell when digital currencies are going to improve and incredibly start surging again. And also you of course can't really group every one of them together either.
Each digital currency carries a different purpose, and there will always be new ICOs. Some are performing very well, while the rest of the industry is still struggling. That is true of the stock exchange, too. When you are looking at a digital currencies, can you see any of them which are surging in recent months?
At some point, that was the tale for DOGE. The good news is it's back on the .0024 level. Yet DOGE is certainly one crypto that definitely has a application. You see, not all the digital currencies really are useful for specific purposes yet. Because the purposes for some tend to be more clearly defined, you may begin to determine which of the cryptos are going to really stick around for the long term.
You would probably think if BTC falters, others will falter. But that's not always the way it is. It's gonna depend on which in the cryptos really are planning to become useful in the long run and then for what reasons. Yes, the rest of the cryptos seem to follow BTC at this moment in time, but that's not always likely to continually be the situation. Eventually, you may even see another crypto lead the way in which.
If that happens, the crypto might not be priced at thousands per coin, or simply it is going to. That knows what's going to happen in the crypto world, but I notice you with this crypto news report some of the ones I'm watching. I'm closely watching XRP, SALT and DOGE.