It has been confirmed! We are in the long-anticipated bull market with Bitcoin rallying to $10,315 on Wednesday as at the time of this report. The effect has been that most of the top altcoins have made gains reminiscent of the 2017 bull market.
So far, we have seen Bitcoin make 50 percent gain while Ethereum has made a massive 85 percent gain. Yet they are not even the biggest gainers in the recent price spike. That the Tezos token XTZ has gained 212 percent keeping investors somewhat agitated that a drop might happen soon.
Despite that, many market analysts are confident that this is the beginning of the foretold bright market anticipated for the year.
Presently, Bitcoin investment has a ROI of 7400 percent which makes it one of the most profitable ventures assuming the investor bought the cryptocurrency when it was invented. In the meantime, we are keeping an eye on the movement of the market.