Another Day Of Bloody Price

strem (42)in #cryptocurrency • 7 years ago

Just recently, we saw a massive drop in cryptocurrency prices across board and this may seem like the beginning of something bigger but there was a re-bounce in the past couple of days, only for this to occur today.

What is the main cause of this massive slide in price? Is it caused by fall in Ethereum or the impending Bitcoin Soft Folk or Hard Folk? It is obvious that the market can be very speculative and can react very fast to any news affecting the top cryptocurrencies. This is why we all need to start speaking good about Bitcoin especially because whatever happens to Bitcoin, would definitely affect every other coins too.

Here is a look at the 24hr trading volume of ETH and BTC with ETH having the highest trading volume.

ETH Trade Volume in 24 Hrs
eth trade.JPG
Source: coinmarketcap