Bitcoin Wahala and Platform Challenges Dey Define Late 2019 Crypto Landscape
As 2019 dey end, cryptocurrency market dey face serious up and down. Bitcoin dey struggle to stay above $7,500, with chance wey e fit fall below $7,000, wey dey show say market no good. Ethereum and Ripple dey fall too, with Ethereum wey don fall below $140 and Ripple wey no fit pass $0.20. On top of dis one, YouTube dey mistakenly flag and remove videos wey dey talk about cryptocurrency, just like how Google and Facebook bin ban dem before. For other news, Bank of Russia dey test new stablecoin, NULS blockchain bin get hack wey cause $480,000 loss, and Ripple don raise $200 million for Series C funding. All dis mixed signals and wahala wey dey outside dey show say crypto trading no dey sure, and e dey affect how traders dey plan as year dey close.
Bearish
As 2019 dey end, e show say cryptocurrency market dey under pressure. Bitcoin no fit pass $7,500 and e fit even fall below $7,000, plus Ethereum and Ripple dey go down too, na bearish market we dey see. Wetin add join be say YouTube dey remove videos and dem hack NULS blockchain, all dis one dey make market sentiment dey negative. Ripple dey raise money dey good news; but e no reach to balance the negative pressure wey dey market. So, traders fit dey careful, dey expect market to fall more instead of make e recover quick quick.