Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: fitload on September 10, 2018, 01:54:31 PM
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The market capitalization of digital coins has tumbled about $640 billion from its January peak, according to CoinMarketCap.com.
Ethereum, Bitcoin greatest rival has tumbled faster than Bitcoin in recent months on concern that blockchain-related firms are cashing out of the second-biggest cryptocurrency.
Ether fell 10% Monday to $196.275. Bitcoin also started the week on the back foot after US regulators suspended trading in two securities linked to cryptocurrencies.
“The temporary suspension of these products led to an initial knee-jerk reaction,” said Ryan Rabaglia, head trader at cryptocurrency dealing firm Octagon Strategy in Hong Kong. “But ultimately, it’s just another obstacle for the market to overcome.”
Cryptocurrencies have declined for five of the past six weeks amid concern that a broader adoption of digital assets will take longer than some had...
Read More: https://news.bitzamp.com/ether-leads-crypto-to-a-fresh-10-month-low-as-wipeout-deepens-to-640-billion/ (https://news.bitzamp.com/ether-leads-crypto-to-a-fresh-10-month-low-as-wipeout-deepens-to-640-billion/)
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Eth going to the moon, because 80% crypto token holder with eth platform