Yesterday's market movement will bring lots of people again to the crypto market. This will improve all the ongoing projects funding efforts. Dreamr will be directly benefited from this.
So I read somewhere earlier today that the new increase in market we are experiencing was due to a public positive statement made by the Chinese leader yesterday. How true is that?
I personally can't validate the information as to the reason for the new increase in the market because we have several school of thought, some are of the opinion that its as a result of the Chinese president supposedly support for blockchain technology, others are of the information that its due to the anticipated launch of ethereum 2.0 in January 2020. Some believe that the two different information are responsible to some extent and others believe that it was due to the forces of demand and supply. In all these, am more concerned about the bull run and whatever may have been responsible is well appreciated.
There are few more factors than just ETH 2.0. That's the reason I think now we will see market going up. ETH and BTC holding strong support level.