RATE Group | Bitcoin Gains Momentum As Investors Run From Ethereum, Ripple, EOS, NEM, Other Altcoins:…
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Bitcoin Gains Momentum As Investors Run From Ethereum, Ripple, EOS, NEM, Other Altcoins:…

24 Jul Bitcoin Gains Momentum As Investors Run From Ethereum, Ripple, EOS, NEM, Other Altcoins:…

Posted at 14:16h in Ethereum News by

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Bitcoin develops its uptrend as a reserve crypto while other cryptos are in deeper correction

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Hello to all my readers. This is Andrew Strogoff again and we are going to take off with our cryptocurrency analysis. Unfortunately, we still have to wait for the targets to be reached. I established them on Friday, but Ethereum, Ripple, EOS and NEM still avoid to meet them.

However, Bitcoin seems to take force. This let me say reserve cryptocurrency goes higher and higher establishing new heights. I think the main reason is the runaway of investors from altcoins into Bitcoin.

As for the news, there are a couple of events I would like to share with you. The first one is the ban of mining that is going to be launched in Xinjiang Uyghur autonomous Chinese province on September. China is known for its banning of crypto-related activities. However, the government states that the Blockchain technology is promising.

The US Chamber of Commerce…

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