Cryptocurrency Health: Lesser People Aboard Causes Ship to To Sink?
The crypto market value has dropped by $21 billion over the past 24 hours, as bitcoin dropped to less than $6,400.
16 hours ago from this time of writing, the crypto market recorded a fall from $274 billion to $252 billion, showing a 7 percent decline in value. The Bitcoin drop from $6,700 to $6,400 caused other Major crypto assets and tokens to decline in value as well.
Ether drops 10%
While bitcoin lost 5 percent of its value, the price of ether, the native cryptocurrency of the Ethereum blockchain protocol, dropped by more than 10 percent. Ether was valued over $480 2 days ago. Over the last 12 hours, the price of ether dropped to $430, dragging tokens and small cryptocurrencies with it.
No matter what the flow of ebbs and tides in the Crypto world may be, a rebound is something we look forward to.
What are your thoughts about this?
Yes, cryptocurrency is about to sink.
BTC will back to its price by Nov. So everyone must look forward to it.
I strongly agree on this one. But of not,hope it still be back stronger.