Let's have a look at the bloody facts:

The top 100 cryptocurrencies with the largest market capitalization sufferred very heavy losses today.

The only winners were following the following 4 candidates:

Interestingly, ay the time of writing this article - about an hour ago - there were 5 cryptos having a positive % change. So the situation surely worsens each minute passing.

And following cryptos having suffered the biggest losses:

But as we know from previous "cryptomarket-crashes", the market will recover very soon, with Bitcoin leading another bullish trend.

WHY NOW?

Why is especially cloakcoin having such a run? We don't know. Since it isn't any Chinese currency we can not say it is manipulated by Chinese traders, maybe the very own cloakcoin team himself decided to do s smart move by buying up their own coin and driving the price up, so it would stick out of the losing mass of cryptos and lead to a major buy in, maybe, we don't know.

@chrizzztall writes in his latest post that the reason may be in the death rumours of Vitalik Buterin, which has driven the price of ethereum fall down about $100 bucks down to under $270 which has probably shocked the crypto-community leading to this bloody crypto massacre.

Stay tuned for more updates @cryptocentral