05 Sep Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: …
[ad_1]
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
The market data is provided by the HitBTC exchange.
Cryptocurrency prices are plunging across the board. As of press time, all of the top 10 coins are in the red. Barring Stellar and Bitcoin, each one is down by more than 7 percent. When an asset class enters a protracted bear phase, such falls are to be expected because the sentiment is brittle and any adverse news can cause panic among the traders.
The previous attempt to rally in July was abandoned after the U.S. Securities and Exchange Commission (SEC) rejected the Bitcoin exchange-traded fund (ETF) proposal submitted by the Winklevoss twins.
Today’s fall gained momentum following reports that Goldman Sachs has halted its plans to open a cryptocurrency trading desk, citing uncertain…
[ad_2]
Source link