ETH BTC LTC and others
Is the long-awaited 'crypto correction' finally here?
Currency Value's
Currency | Value | Qty |
---|---|---|
Bitcoin | $2387 | 1 coin |
Ethereum | $245 | 1 coin |
Litecoin | $37 | 1 coin |
Overall, the total market capitalization of crypto currencies fell to as little as 91.4bn dollars today, a more than 20 percent decline from the all-time high of 117.2bn dollars it reached around mid-June, and down over 13% from the day's open at $105.3bn.
Looking today at numerous youtube crypto channels and live chats the consensus is to stay in if you are in the long term. Day traders can try to pull profits but market is overwhelmingly volatile today.
One popular Ethereum youtuber is looking at a sub 200$ correction if the price does not hit 250-260 dollars today.
One source in the crypto industry is stating coinbase allowing the IRS to look into their books by august in order to start collecting taxes properly.
Of course today had multiple outages with coinbase which might cause people to look towards other trading platforms such as:
Kraken - roughly 2 week wait to get level 2 verification so far
Poloniex
Bitfinex
Markets seem to be leveling out currently 6/26/17 at 3:50pm pacific time.
other movers might have been due to ICO buyers dumping coins for profits.
Major news of ethereum inventor Vitalik Buterin passing away was looking to be blamed but the market crash seemed to have started previous to their comments.
Check here for current rates updated in real time
https://coinmarketcap.com/
https://gdax.com/
https://cryptowat.ch
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