All eyes are on Bitcoin and its massive recent rise, jumping around $ 8,000.
Where the price of Bitcoin stabilized at $ 5,000, then rose to settle at $ 11,000, then began to rise gradually after the PayPal platform announced the inclusion of digital gold on its platform.
#### But where?
After the big rise that bitcoin has reached, it has now stabilized in a new phase, which is 19 thousand dollars. However, investments in bitcoin have not stopped. Rather, many companies saw that buying at this price is still considered a good opportunity.
Unfortunately, the momentum that hit the market for the nearly 100% rise in Bitcoin was only affected by the first currencies in Coinmarketcap, while the rest of the digital currencies suffered due to the withdrawal of liquidity from them and the injection of bitcoin.
This led to the anger of many small investors who did not have sufficient funds to invest in bitcoin.
But by returning to the number one currency, which is Bitcoin, we find that this stability at the level of 19 thousand dollars has only caused the market to redden again.
Where we find that the red color has prevailed most of the digital currencies, especially the first 10 currencies in the market, but although those declines did not exceed one per cent, but those decreases in currency rates do not bode well for anything good.
But with the exception of Aave and Vechain, which rose nearly 7% each, and also a coin Compound that resides well this week.
The red color on Coinmarketcap may cause a lot of investors to fear entering the market, which may lead to a decrease in liquidity in the market.
But we are all waiting for what may happen in the future with the beginning of the new year ....
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