Cryptocurrencies across the board were still licking their wounds this evening after a brutal weekend that battered any clear signs of a storming bull market into submission. Bitcoin – despite soaring on Friday – dramatically tumbled by $500 after the hard work of a steady build-up across the psychological $10,000 line was undone in a matter of hours. The world’s most dominant cryptocurrency had been basking in Valentine’s Day affection with a surge from $10k to within kissing distance of $10,400 – a robust-looking move which provoked plenty of excitement among investors heading into the weekend. Others followed suit, with altcoins (alternatives to the market-leading bitcoin) finding a renewed energy. Fans of Bitcoin Cash, Ethereum and XRP were given causeThe post Cryptocurrencies prepare next move after torrid weekend appeared first on Coin Rivet.
from Yahoo Finance https://ift.tt/37BBM5O
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