Let's have a look at the bloody facts:
The top 100 cryptocurrencies with the largest market capitalization sufferred very heavy losses today.
The only winners were following the following 4 candidates:
Interestingly, ay the time of writing this article - about an hour ago - there were 5 cryptos having a positive % change. So the situation surely worsens each minute passing.
And following cryptos having suffered the biggest losses:
But as we know from previous "cryptomarket-crashes", the market will recover very soon, with Bitcoin leading another bullish trend.
WHY NOW?
Why is especially cloakcoin having such a run? We don't know. Since it isn't any Chinese currency we can not say it is manipulated by Chinese traders, maybe the very own cloakcoin team himself decided to do s smart move by buying up their own coin and driving the price up, so it would stick out of the losing mass of cryptos and lead to a major buy in, maybe, we don't know.
