Bitcoin is the oldest cryptocurrency that has very fewer upgradings compared to other new cryptocurrencies. The rate of buying and selling of cryptocurrency and in addition to loss and fall of bitcoin being observed since last year. Today it shows that it is hard for bitcoin to climb back to the top in 2019. On the other hand, Ethereum has taken over bitcoin gaining the trust of the investors to invest in crypto trading.
Several Fortune 500 companies are developing applications that can support the ethereum’s blockchains. High crowd of investors in buy and sell of cryptocurrency invest in ethereum and smart contracts are used by many companies. Decentralized Ethereum ranks 2nd in the cryptocurrencies as compared with any other digital currency in the cryptocurrency market.
Bitcoin during the last 24 hours of a trading market has been able to avoid the loss below $3600. Last seven weeks were the worst period when investors described the loss as the bullishness. The prices of bitcoin and other cryptocurrencies may fall due to the earlier sell-offs below the red border. Almost the severe downfall of bitcoin shows a bitter trading market for the investors in entire 2019, especially for the small blockchains and small token trader with buy and sell cryptocurrency trading.
As reported on Smartereum, Jeff Reed cryptocurrency author stated that Ethereum is a long term bet compared to bitcoin. The ethereum Constantinople hard fork that is going to be introduced to provide a convenient and rapid network to serve better to the investors. While CCN news stated that bitcoin has a slow lift in the cryptocurrency graph of 2019.
The low market in crypto trading may lead to free fall without sell by the mid of trading 2019 affecting crypto assets creating a great loss to Bitcoin and US dollars. Greg Adams proprietor of blokt.com 2018 believes that bitcoin will be stagnant but ethereum cryptocurrency will catch the attention of investors for buying and selling purpose.[The views and opinions expressed in this article are those of the authors and do not necessarily reflect the views and/or the official policy of the website. ]