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IPFS News Link • Currencies

Cryptogeddon Continues - Bitcoin Plunges To 2018 Lows Amid 'Cash' Chaos

• https://www.zerohedge.com, By Tyler Durden

Once again a sea of red across the crypto space...

Bitcoin Cash is down 40% this week alone...

Bitcoin has puked back below last month's lows...

Second-largest crypto by market cap Ripple (XRP) is down by around 12 percent on the day, trading at almost $0.30 as of press time, according to Cointelegraph's Ripple Price Index. Ripple's weekly and monthly charts are also blisteringly red, with losses of around 23.5 and 40 percent respectively.

Third-ranked crypto, Ethereum is back into double-digits....

As CoinTelegraph notes, virtually all of the remaining top ten coins on CoinMarketCap are seeing deep red; Stellar (XLM) and Bitcoin Cash (BCH) are both down almost 18 percent, at $0.11 and $102.3 respectively; eighth largest ranked crypto Litecoin (LTC) is down close to 15 percent, trading at $25.3, and EOS (EOS) is the hardest hit, down almost 23 percent on the day at $1.68.


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