I’d posit this run in Bitcoin is inherently bearish for the overall health of the crypto world. It’s as if big sellers have decided to cash in their chips in the fraudulent ICO market, clearing back to BTC. How else do you explain a 10% rise in BTC, zero gains in ETH and a decline in all of the biggest capped ICOs?
I’ll tell you why. The ICOs are about to be destroyed, simple. If you don’t accept this analysis, go ahead and buy some Dogecoin or RARE PEPE CASH and hold for the long term.If you enjoy the content at iBankCoin, please follow us on Twitter