Published on August 1st, 2018 | by bitcoin0
Market Renewal: Cryptocurrency price trends delay the grass
Currently, with the sudden cryptocurrency market turbulence, bears have taken control of the exhausted bulls.
In one intra-day of trading, the entire cryptocurrency market capitalization of all 1,600+ coins ($270Bn USD) has lost roughly $25Bn in value.
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Digital Asset Prices Turn Bearish as the Entire Cryptocurrency Economy Loses $25 Billion USD
Bearish sentiment is starting to haunt cryptocurrency markets once again as many digital assets saw prices tumble today.
A large portion of other cryptocurrency markets followed suit with BTC as the top ten virtual currencies are seeing losses across the board of course except for tether (USDT).
This week the current market sentiment, and our price verdict, point to far more skepticism and shade towards bullish prices returning soon.