There’s also the question of just how much demand the world has for all the various alt-coins popping up to compete against Bitcoin. About $4 billion was raised in 2017 during initial coin offerings, and there’s now over 1,500 different coins listed on CoinMarketCap.com. Worries that supply is outpacingĀ …
Source: Here’s Why Bitcoin’s 30% Rebound May Be Doomed
