As all cryptocurrency markets continue to feel the pressure, a lot of investors grow uneasy. The extensive bear market of 2018 has gone on for some time now and seems to grow worse over time. Polymath, one of the lesser-traded altcoins, is making a small move up at this time. A somewhat surprising turn of events, albeit some ecosystem developments are worth paying attention to.
Polymath Price Momentum is Surprising
It is very difficult for any cryptocurrency or digital asset to buck the negative trend in 2018.
After a somewhat lengthy bullrun, it seems most cryptocurrency markets are suffering from a slight correction. In some cases, the losses quickly mounted up to nearly 4%, which is quite steep. Further down the market cap rankings, Polymath is still doing a good job. The altcoin remains in the green in both USD and BTC value, at least for now.
Polymath Price Surge Isn’t Over
It is quite refreshing to see at least some currencies retain their positive momentum.
The current price momentum does seem to favor the altcoins, rather than Bitcoin itself. Although the world’s leading cryptocurrency is also in the green, most of the price action is taking place well down the market cap rankings. Polymath is going through another small uptrend despite a recent market dip.
Polymath Price is on the Move Again
It has certainly been a very interesting week for all cryptocurrencies so far.