As all cryptocurrency markets seem to truck along rather nicely, it will be interesting to see how things evolve in the coming hours. Some of the recent USD-based gains have been wiped out, primarily because of altcoins losing value over Bitcoin. The Litecoin price, while still clinging to the $80 support level, may see some bearish pressure as well in the coming hours.
No one genuinely wants to see more bearish market momentum affecting the different cryptocurrencies, tokens, and assets. The year 2018 has been incredibly bearish already, yet 2019 has offered a few glimpses of hope for a better future. That doesn’t mean the markets are out of the woods yet by any means, as most of the altcoins are currently facing pressure where their BTC value is concerned. Those losses can offset some, if not all USD-based gains in pretty quick succession.