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Cryptocurrency. A Look Back at 2019

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@shharafat
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2019 was a another disaster year of cryptocurrency.But it was not for all.Bitcoin was a one of good performer at 2019.Specially many of them complete bottom level at december 2018 or first quarter of 2019.I am hopeless with xrp,tron and steem.All of them was looser at 2019.So many fundamental factor happen at 2019.I want to share all those fundamental facts and the reaction of market.

Now i am sharing some big news of 2019

Launch of Bakkt

Bakkt is a physically backed exchange where you can sell buy exchange real (virtual) bitcoin.The main benefit of launching bitcoin on bakkt is bitcoin introduced as a main stream asset.You can say it legality and adaption.Another benefit is more money and investor come into crypto market by bakkt.

Facebook announced Libra

This was one of the big news at 2019.Although facebook announced it at june 2019.But no any realistic update.If i am not wrong i have seen by this news impact xrp touched 72 cent from 22 cent.All crypto currency pumped that time. Market has so many rumor about libra,We just say it with only word.It is totally a unclear news for people.

Craig wright claim himself satoshi nakamoto

Satoshi nakamoto is a popular name in crypto world.He is a creator of bitcoin.Although nobody know him.At 2019 a saga happened when craig wright claim to be satoshi nagamoto.Those saga over now.He could not show any proof.

Politics on Bitcoin

We always want big country and big bank should allow bitcoin as a exchange currency like us dollar,gold,silver,oil etc.Specially we need approval of usa government.We know indian banned crypto at 2018.China is very strict about crypto.

when facebook announced libra then president donald trump twitted that he is not fan of a crypto currency.That was a big surprise news.He mean crypto currency as a highly volatile and based on thin air.But a democratic senator and a president hopeful andrew yang said he is a fan of crypto currency.He collect campaign donation in bitcoin.

Bitcoin Story at 2019

It is not fundamental but others crypto currency depend on bitcoin news.They are correlated each other.We have seen when btc touched 20k at december 2017 then all altcoin went to moon.

At 1st january bitcoin rate was 3692$.At 31st december 2019 rate was 7195.So, we can not say bitcoin pass a disaster time at 2019.Ultimately bitcoin gain 100% at 2019.

See the btc yearly chart.It is so impressive.Yearly high 13k and low 3598$.