Altcoins Prices: The Uptrend is “Contagious”

Another day has made hay of the gloomy forecasts about the downfall of altcoins. Since Bitcoin has stabilised from its crash, the most popular altcoins have steadily been increasing in price. It is so far unknown if the uptrend is sustainable, and no one expects a drastic rise of any of the coins.

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However, it seems the support of cryptocurrencies is increasing. This is probably due to  Senator Paul Rand’s announcement of the cancellation of the individual mandate portion of Obamacare in line with tax legislation. This has a negative effect on the dollar, making people turn to cryptocurrency. 

 
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