Viewpoint: With the completion of multiple SEC reviews and the German government clearing its positions, the crypto market may pick up

Odaily News In the past few weeks, Bitcoin selling pressure from Germany, the United States, and Mt.Gox creditors has adversely affected market sentiment. Now, with Bitcoins mining difficulty dropping sharply, short-term traders are panic selling at a loss, and on-chain analysts believe that the asset may be at or near a local bottom. Altcoins performed even better than Bitcoin this week, and the EC ended its review of multiple cryptocurrencies during the week, boosting the prices of some altcoins. (Decrypt)