Crypto crash august 2018

crypto crash august 2018

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Why Did Bitcoin Crash In 2017-2018?
The cryptocurrency crash on the 5th of September, , resulted in price decreases in 95 of the leading digital currencies. The cryptocurrency market has lost about 10% of its value over the past 24 hours, with Ethereum dropping 17% on Monday to an month low. It traded sideways around $6, between August and early November, convincing many traders � including the likes of billionaire investor Michael Novogratz � that it had formed a base around $6, and was ready for a new bull run.
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  • crypto crash august 2018
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Tezos represents a secure, innovative contract platform with a built-in consensus mechanism. It is already trading on exchanges including Bybit, Kucoin and Huobi. Many crypto agencies begin to rethink their spending as their funds begin to dwindle. These include credit and debit card transactions, currency conversions, remittance services, etc.