Cryptocurrencies have had a rough week: the value of bitcoin plunged to a mere 50 percent of its 2017 peak, and other currencies, such as Ethereum, Ripple, and Litecoin have seen double-digit losses compared to their heights from last year. Tuesday also witnessed the collapse of BitConnect, an anonymously operated crypto exchange that had been repeatedly accused of running a Ponzi scheme via its proprietary BCC currency.
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Coins mentioned in post:
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This temporal correction followed by a quick price stabilization has managed to scare away the weak hearts while reinforcing the confidence of long term investors.
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Agreed
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