Crypto Massacre: Why Ethereum, Bitcoin & Top 30 Currencies Declined in Value
On June 27, a major correction in the cryptocurrency market occurred, bringing the market cap of the cryptocurrency market below the $100 bln region.
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.
Read more here: https://cointelegraph.com/news/crypto-massacre-why-ethereum-bitcoin-top-30-currencies-declined-in-value
beep beep
Time to buy some BTC again :-D, i think bitcoin could rise up to 5k near the end of this year, it depends what happens on 1. august. Japan accepts bitcoin officially and hundreds of hotels will accept it too there, Russia and India are looking positive towards crypto's. Central Banks will go crazy on this, they might get obsolete in future or at least they will loose a lot of power in regards of the crypto-revolution! Time to end this retarded fuckers!
@steemcleaners
citing source doesnt fall under fair use as majority of content is plagiarized
It was a shame to see it happen, but ultimately, it's healthy to have a consolidation after such a large bull run. Bitcoin increased by over 100% since January and it was one of the lesser runs in the space.
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thats not sad, i see this as a new chance to invest :-D !
Day traders saw some nice gains after the carnage, Etherium still looks to be on an uptrend, keep stacking the crypto!
Nothing can keep going up without taking a breather. This is an opportunity, particularity for Bitcoin and Etherium purchases
Good post, thanks for sharing
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Was playin the $2500 game last night, at least until I could no longer keep my eyes open. Buyin -$20 of $2500, sellin +$20 of $2500. Not making a killing with each trade, but do that 5 or 6 times...
The alarmism seems a bit extreme considering the bounce it's experienced this morning. Cap's back over $102B just an hour after the post.