Crypto Bloodshed continues as Bitcoin dips below $2300

in #bitcoin7 years ago

Prices keeps falling since Monday as people keep betting on Bitcoin's price as there is a growing optimism among traders about price signalling upwards in August.

The prices tend to repeat their downfall as on Tuesday as bloodshed continues.

STR, NXT, REP depreciated about 30% since Monday. Most of the coins such as STEEM, GAME have already eliminated their gains since past months and are likely to stabilizes.

There is a growing concern that most of the prices of coin will be restored back to their original positions as some have actually did so.

The bloodshed is not going off the sight since its start from min June. Steadily the prices are falling and people are buying with every dip to see a bigger dip next day.

This massacre has bring devastating affect to crypto ecosystem as the total marketcap plunged below $70 billion, which is its lowest this month after there were thoughts that it would stabilized around $100 Billion.

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