Why Are Ethereum and NEO Crashing? Ethereum Falls UNDER $300!

in dtube •  7 years ago 


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In today's video I talk about the cryptocurrency market crash that we are all currently experiencing. The main reason for this cryptocurrency market crash is that China has outlawed ICOs and has halted trading FIAT for cryptocurrencies on all exchanges. Ethereum and NEO have both seen a dramatic drop in price because of this news. NEO has been hit especially hit because of its focus in China and the Chinese market. I'm still not exactly sure how this decision will affect Ethereum in the long term and we have still yet to see how much China is going to crackdown on cryptocurrencies as a whole. Hope you enjoy!


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