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Wednesday, July 12, 2017

Black Tuesday For Crypto Markets As $10 Bln Wiped In 24 Hours, Ethereum Down 20%

Black Tuesday For Crypto Markets As $10 Bln Wiped In 24 Hours, Ethereum Down 20%

Cryptocurrency investors are reeling today as markets lose $10 bln of value in 24 hours in a new slide.


Data from Coinmarketcap at press time Tuesday shows Bitcoin down almost 10 percent at under $2,300, while Ethereum (ETH) slid below $200 for the first time since May.


Across the top ten assets, losses extended to levels rarely seen in the past few months, with prices still dropping.


Current losses for altcoins represent around 20 percent, with Ripple and IOTA falling closer to 30 percent.


Full story at http://bit.ly/2u8tFOI


Source: CoinTelegraph


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