Market News: Cryptocurrency Valuations at Critical Juncture – Bitcoints

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Published on June 29th, 2018 | by bitcoin

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Market News: Cryptocurrency Valuations at Critical Juncture

Market News: Cryptocurrency Valuations at Critical JunctureMarket Updates

Cryptocurrency prices have once again dipped some more as most digital assets are seeing 24-hour losses of around 2-10 percent today.
Bitcoin Cash (BCH) markets dropped to a low of $630 per coin but are now averaging $661 per BCH on June 29, 2018.
The entire cryptocurrency capitalization of all 1600+ coins is $234Bn as it has lost nearly ⅔ of value since December 2017.
The Verdict: Cryptocurrency Markets Are at the Crossroads
Today’s verdict is still filled with uncertainty and skepticism on whether or not we will see a bear market reversal soon.
There has been a triple bottom and so far most cryptocurrency prices have remained above these key areas for now.

Source: News.bitcoin.com

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