Nearly Every Major Cryptocurrency is Down at Least 90% from All-Time High

[ZionRTZ]

Most crypto enthusiasts never thought the market could crash to almost 90% yet crypto, being real, keeps crushing every expectation.

"Earlier this year, in February, Tom Lee — co-founder of Fundstrat Global Advisors, the first Wall Street strategy firm to embrace bitcoin — opined that the crypto market had turned a corner and would see new highs in July. Nine months and several year-end price target reductions later, cryptocurrency assets remain firmly in the red. In fact, according to data from OnChainFX, nearly every major cryptocurrency is down at least 90 percent from its all-time high."

Full article: https://www.ccn.com/nearly-every-major-cryptocurrency-is-down-at-least-90-from-all-time-high/

[Zed0X]

Right  Another testament to the unpredictability of bitcoin.
Every established projects looks like new projects right now in terms of value. Price is back to when they were all starting.

[ZionRTZ]

Right  Another testament to the unpredictability of bitcoin.
Every established projects looks like new projects right now in terms of value. Price is back to when they were all starting.

True. Almost every coin or token is on the floor right now and badly beaten. I hope they already reached bottom and start making some rally soon.

[sturec22]

All the altcoins are ok to be seen down at least 90% but when it comes to ethereum actually I am really surprised.
Other altcoins that surprised me are: aion, stratis, nano...
If they can go all the way down 90% then they can go up as well, am I right?

[bubblebubble]

Thanks for this information. It is going to be very good if market recovers own capitalization in next July!
I will be happy!
But, still today we have to hodl hardly... 

[ZionRTZ]

All the altcoins are ok to be seen down at least 90% but when it comes to ethereum actually I am really surprised.
Other altcoins that surprised me are: aion, stratis, nano...
If they can go all the way down 90% then they can go up as well, am I right?

I guess so. As long as projects have strong fundamentals then they are bound to go up. It is only a matter of time.
I was also expecting Eth to atleast hold its own but it didn't.

[Zed0X]

Thanks for this information. It is going to be very good if market recovers own capitalization in next July!
I will be happy!
But, still today we have to hodl hardly... 

That's interesting.
May i know Why you think the market will recover next July?
I would appreciate if you can give us more details.

[fallenangel1789]

It is really a very very big correction. Nobody could guess such decrease in a year. I suppose if the bull does not arrive, fall in prices and market cap will continue. %95 of the projects is trash. I hope the worst ones will be eliminated at this period.

[PRIBO247]

Right  Another testament to the unpredictability of bitcoin.
Every established projects looks like new projects right now in terms of value. Price is back to when they were all starting.

True. Almost every coin or token is on the floor right now and badly beaten. I hope they already reached bottom and start making some rally soon.

I don't think they have reached the bottom yet. There is still ongoing to more bloodletting in the cryptosphere. I just pray it all comes to an end soon.