Sunday, June 25, 2017

"It's A Virtual Bloodbath" - Cryptocurrency Carnage Continues

 Early this morning (6/25/17), crypto currencies were all simultaneously hit by selling pressure and as the day has worn off, it has accelerated with one witty trader noting "it's a virtual bloodbath." 29 of the Top 30 crypto currencies (by market cap) are in the red and while there remains no immediate catalyst, chatter is focused on uncertainty surrounding SegWit (another potential fork in the codebase) and some looming large ICOs.

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