Bitcoin recorded US $ 10,000 in US dollars. For the first time in three and a half months since October 2019, it has returned to its half-value level from its record high in 2017.

currency market will turn around in 2020. Not only did Bitcoin record favorable growth due to its short-lived half-life, but also major altcoins, which had formed a downward sloping chart since 2017, have reintroduced funds. .

The rise and fall rates from January 1 to February 9, 2020 are as follows (top market capitalization + stocks of interest)

* Half-life = stocks with half-life within one year, futures = stocks for which Binance has recently started futures trading

Bitcoin (BTC) : + 34% (half-life)

Ethereum(ETH)  : + 65.53%

Ripple (XRP) : + 42.45%

Bitcoin Cash (BCH) : + 100% (half-life, futures)

Bitcoin SV (BSV): + 206% (half-life)

Litecoin (LTC): + 76.57% (futures)

Binance Coin (BNB): + 56.48% (futures to be added)

Tezos (XTZ): + 84.12% (staking, futures)

Dash (DASH): + 147% (half-life, futures)

Zcash (ZEC): + 127% (half-period)

The bitcoin market has been performing well, with half-life approaching 100 days, cryptocurrency mining, which is seeing an increase in demand due to a shortage of half-life supply, and its hash rate. Another reason is that the effects of the new coronavirus and other factors have increased the perception that the international stock market is drawing more money from investors who are reluctant to draw down to alternative assets.

It also shows the strength of the technical aspects, showing a turnaround signal indicating a buying signal, breaking the 200-day MA. This is one of the factors that makes the market aware of the trend change, such as the golden cross on the short-term and long-term moving averages.

The altcoin market, on the other hand, is clear from the list of rising and falling rates that funds are returning to the cryptocurrency market, which has a strong aspect of risk assets. In particular, the prices of stocks with half-lives (BTC, BCH, BSV, DASH etc.) and stocks whose staking-related employment has strengthened have risen sharply.

However, a certain degree of overheating can not be denied, such as increased coverage of FOMO (fear of being left behind). We should pay attention to the pattern of profit taking in the market price that incorporates materials before half-life.