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Crypto Market Update

Market Cap: $223 B

BTC Dominance: 66.4%

BTC: $8,240

ETH: $173

XRP: $0.296

Bitcoin continues to lose ground and in the meantime, the price is holding up in the range that it dropped to at the end of September when we saw the last sharp correction. It didn't scare the market away and money continued to flow towards altcoins which are starting to see a change in the trend. The altcoin market shows positive signs but it is still impossible to say that we can expect an altcoin season anytime soon.

This week, the 18 millionth bitcoin was mined and the halving is already around the corner. It will be interesting to see how miners will behave as mining, in general, will become less profitable and they will have to rely increasingly on transaction fees on the network.

The cryptocurrency market sentiment is changing from one moment to another. As the price goes down, media is getting flooded with Bitcoin obituaries, while as the price climbs up, everyone becomes bullish again. This is another hallmark of a young market and technology which is at the beginning of its path, surrounded by uncertainty. The market is, however, clearly maturing but there is still a long way to go before any kind of mainstream adoption.

Full Market Report & Analysis

Exclusive Interview With John McAfee
John McAfee shared his thoughts on his $1 million BTC prediction and his new decentralized exchange, among other things. Read more.

The 18 Millionth Bitcoin Was Mined
This week, the 18 millionth bitcoin was mined. With the halving just around the corner, it's interesting to see if the market reacts. Read more.