In past 24 hours. The prices of both Bitcoin and Ethereum has now fallen by more than 3% in U.S. Dollar.
1. Bitcoin price drop in daily peak, this dominant cryptocurrency is actually down six percent. BTC at its low in daily volume in steep sell off or 5% to 10% thus tends to see an increase in daily volume.
2. The Ethereum price has experience in similar trend as well as Bitcoin. ETH has dropped $2billion to $1.6 billion by more over 20%.
Is Bottom Far from here?-- Bitcoin
What happen to tokens if ETH drops 35% more?
That will cause a lot of upheaval that never happened in the crypto market. The sale will take place quickly. Organizational arrangements will be replaced by others. Our market will be pumping back and many garbage altcoins will have to die because of the strong adjustment again.
Garbage alts are disappearing at a rapid pace. I'm actually enjoying this part of the show.
My leveraged LTC shorts are keeping me profitable in this horrible market.