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Fundstrat Global Advisors - Crypto Market Will Recover In 2019

February 11, 2019 | Analysis

Fundstrat Global Advisors released a report on the current crypto market and its future outlook for 2019. The company analyzed and mentioned the factors that will support the market for cryptocurrency prices to rise. As per the analysis 2019 is expected to bring a change in the market conditions and the prices will recover by the end of the year.

The research and analysis report for 2019 includes a concise assessment of crypto markers in 2018. According to Fundstrat, the regulatory developments and initial coin offering (ICO) performance are some of the major reasons for reversing the performance of some cryptocurrencies. Even the launch of the  Lightning Network has impacted the markets negatively.

Co-founder of Fundstrat, Tom Lee introduced the research study on his Twitter account. The post included infographics from the research which depicted the key market trends for the past two years. Tom Lee, who is also a Wall Street cryptocurrency analyst, stated that they have discovered nine incremental improvements that will support the cryptocurrency market this year.

As per the company’s analysis, crypto prices will rise this year. Institutional investments are also expected to increase in the year due to developments in over-the-counter (OTC) trading and custody solutions.

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Cryptocurrency Prices

  • Bitcoin

    BTC

    $3,243.29

    3,517.8 (24H Volume)
  • Bitcoin

    BTC

    $3,243.29

    3,517.8 (24H Volume)
  • Bitcoin

    BTC

    $3,243.29

    3,517.8 (24H Volume)
  • Bitcoin

    BTC

    $3,243.29

    3,517.8 (24H Volume)