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Altcoins market shows signs of recovery

Today, the altcoins turned green against the background of reddened bitcoins.

After unprecedented interest and purchase of Altcoins in December of last year and in January of the current year, most coins lost more than 65% of their value. The fall in prices was accompanied by weeks of almost no movement in the market.

But today there is an increase in the prices of almost all altcoins, which may indicate the beginning of the market Recovery.

The growth of altcoins may show a recovery in the market

American investors are most interested in such altcoins as Cardano (ADA), Stellar (XLM) and others. Crypto community notes signs of recovery and more famous and significant crypto currency.

Nevertheless, trading volumes have not yet reached the record levels of the end of last year, and it is not known whether current levels can support a large price rise.

Some participants of the cryptology believe that the US tax season, which will end after April 17, will be a suitable date for the return of traders and the emergence of new buyers, which will push the market to further recovery.

Also, some users believe that the re-opening of Bittrex for new registrations can add activity to the market.

The post Altcoins market shows signs of recovery appeared first on 9 to 5 Live.



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Altcoins market shows signs of recovery

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