Reports this afternoon is highlighting the scale of the current market climate, by pointing out that in 24 hours alone, the markets have lost around $ 22 billion. $ 22 billion is a lot of money, in fact for the majority of us, that sort of money can sort out
This is a shocking statistic which is currently reflected by currencies that are decreasing in value by the minute. Here are the standings at the time of writing-
Bitcoin is valued at $6,384.49, down 5.97%
Ethereum is valued at $436.61, down 10.12%
XRP is valued at $0.44, down 6.12%
Bitcoin Cash is valued at $697.77, down 7.16%
EOS is valued at $7.45, down 13.30%
This steep negative trend continues further down the markets too, at the time of writing-
IOTA is valued at $ 0.96, down 10.66%
NEO is valued at $ 34.29, down 11.08%
Monero is valued at $ 123.18, down 10.13%
Ethereum Classic is valued at $ 16.68, down 10.26%
NEM is valued at $ 0.16, down 11.80%
We are now in the midst of
We can not tell if this is a temporary blip There is a chance that this could just be a delayed effect as a result of some recent hacks, however this is pretty unlikely, given that over the past few weeks we have seen the market news this kind of resistance. For now, we will continue to see the markets