After a relatively positive Monday morning where all major cryptocurrencies were on the rise including SegWit-Coin BTC, the rest of the day was negative with steep losses covering a wide swath of cryptocurrencies.
Bitcoin Cash posted a strong recovery rising by as much as 8% for a price of around $690 and it appeared to be well on its way to exceed the $700 mark if the rally persists.
The startup, which promised to offer an LTC-powered debit card, as well as payment processing services for merchants, abruptly closed this week, raising suspicions of a so-called ‘exit scam’.
The cryptocurrency market experienced a slow decline over the weekend with every currency again in the red and some also dropping to lows not seen since early February.
It was yet another turbulent and largely negative weekend for the vast majority of cryptocurrencies as further selling pressures affected prices all over the board.
Bitcoin Cash is holding above the $1,000 mark having dropped below that psychologically significant level several times although there does appear to be some support at that level
After a promising start to the week, Monday afternoon saw another crash in cryptocurrency values once again and everything slumped by around 5-8%.
The cryptocurrency market endured a torrid Wednesday, when all major coins had steep corrections with some dropping as much as 20%.
After a relatively positive three days, Tuesday proved to be another disaster for cryptocurrency with prices sliding by well over 10% in some cases.
After several days of sideways trading and small declines, the cryptocurrency market showed considerable advances against the dollar.
The cryptocurrency market endured another relatively negative weekend with a slow decline across all major coins with some notable exceptions.