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Ryan13

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Ryan13

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Wednesday, 08/08/2018 7:33:55 PM

Wednesday, August 08, 2018 7:33:55 PM

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Crypto’s $600 Billion Crash Hits a New Low
https://finance.yahoo.com/news/crypto-600-billion-crash-hits-051805352.html
The 2018 selloff in cryptocurrencies plumbed new depths on Wednesday after the U.S. Securities and Exchange Commission dented enthusiasts’ hopes for a VanEck exchange-traded fund backed by Bitcoin. A broad selloff in coins of all sizes reduced the market value of virtual currencies tracked by Coinmarketcap.com to about $230 billion, the lowest level since November. The SEC postponed its decision on whether to approve the Bitcoin ETF, dealing a blow to bulls who had bet a green light from the regulator would help sustain last month’s tenuous rally.
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