May 19 has become a very dramatic day for the entire cryptocurrency market. Bitcoin prices plummeted by more than a third in just one day, down to $ 30,000 per bitcoin.
The entire market was falling all day, prices for many tokens fell by 50-70%. Aergo tokens have demonstrated amazing durability. At the moment, when the benchmark of the market, bitcoin, fell by 30%, the price of Aergo rose by more than 30%! In the chart below, we see a sharp green candle up.
The traders ignored the negative external background, Aergo showed strength, stability and reliability.
During trading, traders could not keep the growth and Aergo tokens lost all growth, but this behavior of token prices can be considered successful against the background of the rest of the market.
Aergo felt much better than Bitcoin and most other cryptocurrencies. This is a good indicator.
At the end of the day, Bitcoin started showing signs of recovery and returned to the $ 40,000 mark. The entire market reacted to this in a positive way.
We will follow market situation and keep the community informed.
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