View full page at cryptocraft.com

 

Crypto Market Sheds $150 Billion as China Hits Back at the US

From beemarkets.com

Cryptocurrencies continued to lose ground after a historic round of liquidations that triggered a sharp selloff over the weekend, as trade tensions weighed on risk assets. Bitcoin, the largest digital asset, slumped as much as 4% to about $111,200 on Tuesday morning in London, while Ether fell 7.8% to below $4,000. Smaller, more volatile tokens sank further still, dragging the combined market value of all cryptocurrencies down by more than $150 billion over a 24-hour period, according to CoinGecko data. The slide came as China imposed curbs on the American units of Hanwha Ocean Co., one of South Korea’s biggest ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis