It has been a very interesting week for specific cryptocurrencies. The Factom price continues to rise at an alarming pace, whereas all other markets continue to face struggles. It is the fourth time this week the FCT value rises by several percents, and it seems to be a matter of time until the altcoin surpasses the $10 valuation.
It is quite interesting to see how different altcoins tend to respond to this bearish pressure. While there is no real reason for the value of Factom to buck this downtrend, that is exactly what is happening. It makes for a very interesting altcoin market worth keeping an eye on, although one has to wonder how long this trend will remain in place under these circumstances.