Crypto Wipeout Deepens to $640 Billion as Ether Leads Declines😩😰😥😪

in #ethereum8 years ago

Ether has tumbled faster than Bitcoin in recent months on concern that blockchain-related firms are cashing out of the No. 2 cryptocurrency. Many startups that raised Ether from investors in their initial coin offerings will eventually need to sell their holdings to cover expenses like salaries and development costs.😭😩😤Cryptocurrencies have declined for five of the past six weeks amid concern that a broader adoption of digital assets will take longer than some had anticipated.

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