Content adapted from this Zerohedge.com article : Source
This Monday is not shaping up to be a good day to cryptocurrencies.
We are seeing the market move towards it 2018 lows. This after a nice run on Friday.
Another leg down was seen recently.
Bitcoin is leading the pack down, passing through the $8,000 level.
This sell-off looks to be in response to Twitter's announcement to ban ICO and token sales on its social media platform.
“Advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally,” a Twitter spokesperson said in an emailed statement Monday.
“We know that this type of content is often associated with deception and fraud, both organic and paid, and are proactively implementing a number of signals to prevent these types of accounts from engaging with others in a deceptive manner.”
Image courtesy of cointelegraph
Non-adapted content found at zerohedge.com: Source