CRYPTO

BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, AVAX, LUNA


The recovery of the crypto market came as a shock on September 24. The Chinese government is taking new steps, including strong inter-departmental coordination, to “shut down payment channels, dispose of relevant websites and mobile applications” to take action against illegal cryptocurrencies. Transact efficiently.

While this news has caused sales, long-term investors are not likely to be disappointed because, apart from announcing additional steps to make the existing sanctions effective, nothing else has changed.

Daily cryptocurrency market performance. Source: Coin 360

China first announced a ban on cryptocurrencies in September 2017 and that news sharply corrected the price of Bitcoin (BTC). However, this dip has proven to be a good buying opportunity as prices recover in a few weeks and reach a new all-time high of around $ 20,000 in less than three months.

Could the current revision of Bitcoin and most major altcoins be a better buying opportunity or could crypto markets fall further? Let’s analyze the lists of the top 10 cryptocurrencies.