Crypto Markets Hit Another 2018 Low, Is It The Bottom For Ethereum?
FOMO MomentsThis biggest one day dump this year, Ethereum, XRP, Bitcoin Cash, EOS and Cardano dropping double digitsThe crypto winter is getting colder as markets tanked yet again over night to a new 2018 low. Total market capitalization plunged below $200 billion and kept going to reach its lowest level since the end of October 2017.Bitcoin briefly dipped below $6k once again and is holding the level just above it. With a loss of 6.5% on the day BTC is down to $6,050 and poised for further declines. Trade volume has dropped from $6.6 billion to just over $5 billion at the time of writing.Ethereum has crashed, taking an epic nosedive of 17.5% to trade at $265. This puts it back to mid-2017 price ranges when sentiment was largely bullish. Over the past week ETH has shed 35% as its market cap dumped nearly $15 billion. From a July high
Like this article? Take a second to support us on Patreon!