Neblio (http://boards.4chan.org)
The top 10 cryptocurrencies lost in great amount of their values during “Tuesday turmoil” (January 16, 2018). They lost about US$ 108 billion during a single day trading.
The drop between 15.98% for Litecoin to as high as 25.21% for NEM. The plummet may be caused by many factors, include anticipated to new regulations by China and South Korea governments.
Other factors could be a kind of break for upswing trading in the early January, 2018. It is alsoo possible due to overvalue, especially on Bitcoin (please see my previous article: https://steemit.com/bitcoin/@tanza-erlambang/does-bitcoin-overvalue).
Interestingly, there are several cryptocurrencies score good on trading, some of them are Neblio and Gas. Neblio gained 12% in value, while Gas was up by 9%.
Overall, crypto currencies market will fluctuate in the near coming future.
Good post, keep Steeming.
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