Bitcoin & Ethereum To Mirror 2019 Trade, Claims Ex-Crypto Analyst At ARK Invest

Bitcoin & Ethereum To Mirror 2019 Trade, Claims Ex-Crypto Analyst At ARK Invest

The post Bitcoin & Ethereum To Mirror 2019 Trade, Claims Ex-Crypto Analyst At ARK Invest appeared first on Coinpedia Fintech News
The world’s two largest cryptocurrencies Bitcoin and Ethereum have surged nearly 20% in just a week. This momentum pushed almost every cryptocurrencies in the market, resulting in the rise of global crypto market cap that hit $1 trillion for the first time since November 2022.
However, currently the global crypto market cap has slightly dropped at $981 Bln along with Bitcoin falling back to $20,000 levels.
Meanwhile, a well-known crypto analyst and former associate at ARK Invest, Burniske has put forth his analysis on the crypto market. The analyst claims that the current market situation might not be a short-term rally, hence we might see a 2019 like situation.
Earlier in 2019, the analyst had stated that the first two cryptocurrencies, Bitcoin and Ethereum had surged by 4X during that year. The analyst expects that the crypto market will repeat the s

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