Crypto Markets Continue To Fall
Cryptocurrency Markets continued their fall today with the majority of coins on CoinMarketCap in the red zone. Many of the top coins including Bitcoin, Ethereum and Ripple have been trending downward leading to questions as to why this is happening. In the case of Ripple (XRP), it most likely due to an article announcing a partnership with MoneyGram. The price for the coin initially went up, but when MoneyGram said the partnership was only a pilot program and not for consumer use, the Ripple’s price plummeted. Other coins, such as RaiBlocks, have had issues with wallets being compromised which caused dips in their prices.
There is some good news, however. Even in the red, Bitcoin and Ethereum only saw small drops in their prices and several coins are in the green. Chances are this ebb and flow will continue until the market stabilizes.
https://cointelegraph.com/news/cryptocu ... in-the-red
Catch up on the latest Bitcoin and Altcoin news.
3 posts • Page 1 of 1
Who is online
Users browsing this forum: No registered users and 1 guest