While naysayers insist the crypto market has many signs of a bubble, speculating has been promising for many who bought second-tier coins. The biggest cryptocurrency’s share of market value has fallen to about 37% from 56% a month ago, according to CoinMarketCap prices for coins and tokens. That kind of move raises questions as to whether speculators will drive up second-tier digital coins at the expense of bitcoin, even though they have different purposes. While naysayers insist the crypto market has many signs of a bubble, speculating has been promising for many who bought second-tier coins. Ethereum, the second-largest by market value, has roughly tripled in the last two months.
Source: Mint January 03, 2018 12:56 UTC