There is a period of falls within cryptocurrencies, led by Ethereum and Zcash, and the instability will continue until August 1, which is when the Bitcoin hardfork for the implementation of SegWit will take place.

As the Terminator would say to Sarah Connor, I'll be back! That is what has happened in the cryptocurrency market, which have returned, in this case to values ​​in the red. The truth is that it was completely predictable, after a day of incipient rise, where we have seen how Ethereum gained almost 40% of its value in hours and exceeded the volume of 100 million and, what's more, it broke the psychological barrier again of the 0.1BTC. Today in addition to Ethereum, Litecoin, Bitcoin, Ripple and Zcash and the vast majority of cryptocurrencies fall.

We are going to do a brief review, starting with the exchange of different currencies to USD, where we see that the loss in value is led by Ethereum, which is around a 14% drop, while Zcash is around a 12% drop. Moderate are the falls of Ripple and Ethereum Classic, which lose about 9%, while Litecoin falls close to 6% and Bitcoin is around 3%. All are stable in more or less logical values, except Zcash, which has fallen below $ 200 and that yesterday's session, despite being good for all cryptocurrencies, was not so good for Zcash, which barely exceeded the $ 210, that's why it is at $ 190.

If we look at the change for Bitcoin, we see that Ethereum is one of the cryptocurrencies that is suffering the most with a loss of approximately 11% and is once again below 0.09BTC, although by very little. Others that lose value but in a more moderate way are Litecoin, Ripple and Ethereum Classic, which move in a fall of between 3% and 6%. Zcash on the other hand, falls close to 10%. These fluctuations are part of the uncertainty of Bitcoin and it is possible that in the ten days, approximately, that remain for the Bitcoin hardfork, this volatile trend will continue.

Interestingly, those who are in a good situation are NXT that gains 5% with respect to the change in dollars and about 8% with respect to Bitcoin. Dash is also in a good situation, as it rises approximately 2% in the exchange to dollars, while in the exchange to Bitcoin it registers a rise of practically 6%. We have in terms of Bitcoin exchange, Monero which rises 1%, Gnosis close to 2% and Vertcoin, which rises 20% as the most outstanding values. Other values ​​that we like a lot and are falling are Golem, which is left more than 8%, Dogecoin that is left more than 6%, LBRY that falls close to 4% or Storjcoin, which manages to stay green with about 1% going up.

It is possible that the day today will continue to be one of falls, maintaining these fall values, without much change. Perhaps for this weekend we will see a small rise in the valuation or this rise in value will occur on Monday. We should see at least two periods of rises with their respective periods of decline in these eleven days for the month to end and the hardfork begins. It is foreseeable that during the SegWit2x implementation process the market is more or less flat or inactive, as in the case of GDAX, which will block operations with Bitcoin, to prevent its users from losing money due to a possible breakdown of Bitcoin.