The Bitcoin price tumbled from $3,911.10 to $3,785 by 2.63% percent, the other major crypto peers such as Ethereum and EOS to lose well over 5 percent of their value against the U.S. dollar. Overall, it hasn’t been a good break for the cryptocurrency avenue tumbling considerably in this week so far; bears are imminent in the majors like Ethereum, Bitcoin Cash and EOS that have slumped.
This month is scheduled to be a hectic month for upcoming crypto events, with umpteen number of major blockchain projects launching testnets and mainnets. These launches are something every investor should actively monitor, as pre-launch rallies have been fairly common in recent months.
Series of the major upcoming events are lined up in March:
- Stellar blockchain meetup in NYC
- Hydro official website launch
- Insolar (INS) – March 4 – Testnet v1.1
- Nexus development
- Lisk’s Bitpanda listing
- Theta Token (THETA) – March 15 – Mainnet launch
- Steem (STEEM) – March 24 – Mainnet launch
- Einsteinium (EMC2) – March 11 – Block halvening
- Quarkchain (QKC) – March 31 – Mainnet launch
Currency Strength Index: FxWirePro's hourly BTC spot index is inching towards -117 levels (which is bearish), while hourly USD spot index was at 127 (bullish), while articulating (at 11:51 GMT).
For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex