Crypto Massacre: Why ETH, BTC & Top 30 Currencies Declined??

in #crypto7 years ago

On 27-06-2017, a major correction in the cryptocurrency market occurred, bringing the market cap of the cryptocurrency market below the $100 bln region.
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All top 30 cryptocurrencies fell significantly in value, recording nearly 20 to 30 percent decline in market cap. Bitcoin and Ethereum, the two largest cryptocurrencies, also recorded substantial decline in value.

When Bitcoin price fell from around $2,700 to $2,370, the cryptocurrency market underwent a major correction, with Ethereum falling from around $30 bln to $22 bln in market cap.

So we hope BTC, ETH will start its' uptrend to reach the new all-time high as soon as possible.

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Yes, crypro will boom for sure, and steemit

It will definitely rise soon. Actually, more and more countries have legally adapted cryptocurrencies as payment method. You can read more about it here.

But US senate is trying something out!

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