Most major cryptocurrencies, including Bitcoin, Ethereum, Ripple and Bitcoin Cash experienced additional price drops over the last 24 hours.
Analyst Jani Ziedins of Cracked Market was critical of the recent Coindesk Consensus Conference's lagging ability to bring more hype to Bitcoin.
Ziedins is skeptical of Bitcoin at this price and asserts it will need to rise back up to $9,000 or run the risk of creating panic sell-offs and going back down to the $6,000 range.
At the time of press, Ethereum sits at about $677, about $11 less than the previous price piece.
Ethereum earned the top spot, while Bitcoin came in thirteenth place.
Ripple experienced a one-cent drop since our previous price piece and now sits at $0.6698.Bitcoin Cash.
BCH incurred a small drop since our last price piece after it underwent a drastic drop to the $1,200 range from $1,400.
At the time of press, Bitcoin Cash is trading for $1,203.
"The economic path that Bitcoin Cash is on is the one that led to Bitcoin's original success. I'm incredibly bullish on Bitcoin Cash for the exact same reasons I was bullish on Bitcoin back in 2011. Bitcoin Cash works as money; Bitcoin core, sadly, no longer does."
Litecoin is currently trading for about $132 and incurred a two-dollar rise since our previous price discussion.
Price Watch: Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin Keep Sinking
Udgivet den May 18, 2018
by Cryptoslate | Udgivet den Coinage
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