08.15.18
Cryptocurrency Market Plumbs New Depths in 2018
by: Steven Russolillo; Paul Vigna; Akane Otani
A broad investor retreat has pushed the market for digital currencies down 70 percent from its January high. The value of all cryptocurrencies in circulation this week fell below $200 billion for the first time in 2018, its lowest since November. The selling has been widespread and, some holders say, indiscriminate. Of the top 100 cryptocurrencies by market value, 98 were down over 24 hours, according to research site CoinMarketCap.
Read the full article on Wall Street Journal