Crypto markets are sliding on another downward series, as Bitcoin (BTC) abandoned its higher valuations. But altcoins took an even deeper cut, going for a nearly 30% crash week-on-week. Those assets that attempted rallies beyond the general trend suffered even worse.
BTC traded at $10,197.34 as of 6:20 UTC on Monday, as volumes stalled to around $17 billion’s equivalent. The leading coin, however, remains the largest asset on the market, dominating 65.7% of the entire valuation.
Ethereum (ETH) crashed by 17% overnight, to reach $221.28, abandoning the hope for bullish growth toward $400. Litecoin (LTC) lost more than 12% to $88.33, abandoning the peaks near $140, despite the halving of the reward coming within weeks.
Bitcoin Cash (BCH) wiped out a net 30% in a week, crashing to $283.17, on its ...