This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow the link below. Cryptocurrency prices are sliding downwards since our last markets update, as the top ten digital assets are all seeing a loss of gains on January 8.
On Monday, January 8, the price of BTC has sunk further taking most other digital asset markets with it. Coinmarketcap excludes South Korean exchange prices from its aggregated global average. Additionally, tether has the third highest digital currency volume worldwide at the moment which happens consistently during dips. Another thing to note is the cryptocurrency website Coinmarketcap has dropped South Korean exchanges from its aggregated global price averages. Today things are changing as it looks like the two trend lines may cross hairs soon.
This indicates there is more substantial resistance towards the path to the upside and sellers are in control. Ethereum ETH has repositioned itself as the second highest market cap but markets are down 2. Lastly, the fifth largest market valuation is still Cardano ADAbut its prices are down 15 percent. The top ten cryptocurrencies are all in red on January 8, and Coinmarketcap prices are lower than usual after excluding South Korean prices.
Bears currently reign the market right now and have managed to utilize the South Korean rumors coupled with fear, uncertainty, and doubt FUD. At the moment, long positions and big players are stepping off to the sidelines waiting for a better entry point. Where do you see the price of bitcoin and other digital assets heading from here?
Do you think cryptocurrencies will see more gains? Let us know in the comments below. Bitcoin price articles and markets updates are crypto update bitcoin btc ethereum eth and ripple xrp storm higher again for informational purposes only and should not to be considered as trading advice.
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I think they somehow reverted to an older database of the secret keys. Pre-sale investors will receive a 50 discount on the tokens they purchase. This month, the Chicago Board Options Exchange (Cboe) and The New York Stock Exchange (NYSE), the worlds largest options and stock exchange, filed six bitcoin.