As the weekend is within traders’ grasp, the question becomes how all of the cryptocurrency markets will evolve exactly. In most cases, it is a futile effort to make any accurate predictions in this regard. Everything stands or falls based on the Bitcoin price, which is still subjected to rather uncertain momentum right now. This doesn’t bode all that well for the world’s leading cryptocurrency.
Bitcoin Price Doesn’t Appear Stable
While the altcoins are trying to recover some of their lost value as of right now, it is evident the effort will not be without its own hurdles. As long as Bitcoin remains in the green, altcoins will usually benefit. However, the question is whether or not Bitcoin will effectively remain in the green for long. Right now, that doesn’t necessarily appear to be the case.
When looking back at the most recent Bitcoin price momentum, things are not looking all that great. While the 0.35% gain is still in place, it may not be sufficient to warrant any sort of optimism right now. Bitcoin’s…