It has been a bad week for all the cryptocurrenncy enthusiasts. The market has been rocky the entire week with no certain hold on the price.
Most people are well aware of how cryptocurrency volatility is a big problem. Although there are periods during which volatility seemingly quiets down, this week has been filled with wild price fluctuations. As of right now, all currencies and assets in the top 10 are bleeding value once again. IOTA, NEM, and Ethereum are the biggest “losers” of the lot, by the look of things.
In fact Bitcoin is kinda holding its own when compared to other Top 10 cryptocurrenncies.
One thing also to consider is that Ethereum Classic has seen quite low decline and is kinda holding its own.
What is rather disconcerting to see is how IOTA seems to be taking a lot of hits in the value department lately. The token started trading on major exchanges not too long ago and was instantly catapulted in the top ten.
It will be interesting to see what the future holds for us cryptocurrenncy enthusiasts. I hope we see some green soon.
Moreover I would like to ask people's to stop selling when the market is going down not only you are making a loss but you are further helping in the market down.
If you like my posts please follow me @arunava.
italic
PS: Sorry I was not able to upload the charts cause there was an upload glitch.