11 Dec Markets Update: Cryptocurrency Traders Are Still Searching for the Elusive ‘Bottom’
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The entire crypto-economy has been meandering just above $109 billion after the last two weeks of market dumps. Volume has been light this week as digital asset enthusiasts and traders are now pondering the crypto market’s next big move.
Also Read: Former Israeli Prime Minister Calls Cryptocurrencies a ‘Ponzi Scheme’
Market Surfers Wait for the Next Big Crypto Wave
Digital currency prices are at their lowest in over 15 months and prices have dropped considerably over the last few weeks. After many of the top cryptocurrencies touched significant lows on Dec. 7, about 48 hours later markets saw a brief spike upwards. Right now, most of the top coins are moving in a consolidated triangular pattern, seeing some lighter swings on Monday, Dec….
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