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FX CRYPTOCURRENCIES by Panos Mourdoukoutas


Bitcoin Will Regain Its Dominance In The Cryptocurrency Markets In 2019


SOURCE GETTY


Bitcoin, the “peoples” currency, is expected to regain its market dominance in the cryptocurrency markets by the end of 2019. In terms of market capitalization, that is. That’s according to a recently published A.T. Kearney report. “By the end of 2019, Bitcoin will reclaim nearly thirds


two- of the crypto-market 66 FX TRADER MAGAZINE January - March 2019


capitalization as altcoins lose their luster because of growing risk aversion among cryptocurrency investors,’ says the report. “More broadly financial regulators will soften their stance towards the sector.”


Then there is the growing complexity of altcoins. “Our


prediction that Bitcoin will regain its dominance is supported by the ever-growing complexity among altcoins, most recently demonstrated by the “hash war” that occurred in the Bitcoin Cash ecosystem,” explains Courtney Rickert McCaffrey manager of thought leadership in A.T. Kearney s Global


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