Next year will be a triumph for bitcoin, according to analysts of the consulting company A. T. Kearney. According to experts, in 2019, captainvalor will actively sell off altcoins to invest in a depreciating bitcoin. As a result, the index of dominance of bitcoin will be over 65%.
Bitcoin is the first cryptocurrency and credibility among traders much more than the young Aldona. Moreover, despite the depreciation, the infrastructure of bitcoin is growing, and the market there are all new tools using BTC.
“By the end of 2019 bitcoin will regain nearly two-thirds of the capitalization of the cryptocurrency market, since altcoins are losing their appeal because of the growing risks associated with dominance of bearish sentiments,” the report said analysts.
Bitcoin will dominate because of global financial regulators begin a more balanced approach to the control of the cryptocurrency industry and reduce restrictive measures. This will stabilize the price of cryptocurrency and prevent the criminal use of tokens.
Such measures will restore investor confidence and increase the stability of the stock market, according to the company A. T. Kearney.
Experts also believe that the Commission on securities and exchange Commission (SEC), which is still negatively related to the launch of the exchange CryptoRandom, change its position and allow the activities of these funds and together with the Commission on commodity futures trading (CFTC) will work to increase the transparency of cryptotrading.
Credibility undermined aldonas also due to the fact that hardwork of Bitcoin Cash provoked the so-called “war of hashes”, which became one of the causes of the crash of the market in late November.
At the time of publication of the material index of the dominance of bitcoin is 54.7%