Quote from: Maidak on Today at 06:38:23 AM

Quote from: Ramaraj on Today at 05:29:25 AM

I have read an article on Coinquora, The Crypto Market Capitalization reached $2.272 trillion last week. However, the crypto market stays bearish for more than seven days; will it bounce back, or will it be more bearish.

While Bitcoin has been moving downwards after reaching the all-time high of $66,000 on April 17. The crypto further fell on April 18, making a drop to a low of $50,931. However, this generated a very long lower thread, confirming the $51,000 area as support. Crypto Market Cap: Will it Bounce Back or Become More Bearish?

In fact, if you talk about Altcoin, it's a little difficult to say. Because if you look, you will see that most Altcoins follow Bitcoin's movement. As soon as Bitcoin became a little bearish on the weekly chart, all Altcoin started to be dumped. When Bitcoin returned to its rising wedge after a bearish moment, most Altcoins bounced back instantly. Now Total crypto market has been resumed its monthly uptrend. Although the market is not very strong at the moment because the volume is very low, I think the market is strong enough to build a new ATH.

The price of alcoins depends to much from the price of Bitcoin and from conditions of crytpocurrency market. There are projects such https://tupan.io/ for example with SEC registration which do not depend too much from the conditions of cryptocurrency industry. Tupan has a lend area in Amazonian forests and develop this lands earning money in forestry industry and helping to protect Amazonian forests.