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RE: SIDEWAYS MOVEMENT - BITCOIN

in #bitcoin7 years ago

Yeah it does feel as if the markets are building towards some form of movement in early Feb. I was hoping to see some coins start to decouple more from BTC specifically ETH but nothing much so far.

It feels as if XLM is slowly building to jump from it's current position to well over a dollar.

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in addition to that....

NEM hack via Coincheck estimated at $700+ million

What does this mean for the overall market?

We can’t be sure obviously but so far the news has primarily only affected $XEM value ( 18%).
Coincheck is a large exchange in Japan but doesn’t make up huge total market volume.