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How Are Major Cryptos Faring?

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cryptos

Although leading cryptocurrencies have posted recent gains of 5 to 7%, last week put a dent in investors hopes that the market was set for another massive bull run. After falling to lows of $360 in early April, Ethereum hit a high of $800 before falling down as low $620 last week. Other leading cryptocurrencies moved in a similar pattern, including EOS, which stumbled from a recent high of $20 to roughly $13. Meanwhile, bitcoin is now trading at roughly $8,300 – dashing expectations that it would soon break the $10,000 barrier again. It’s unclear what caused the rapid fall but there appears to be somewhat of a stagnation in the cryptosphere lately with many key players eagerly awaiting the release of the EOS mainnet and grappling with their own scaling problems.

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1 Comment

1 Comment

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  1. Mr Stuart wiltshire

    May 14, 2018 at 7:35 AM

    Its probably a 100 different things but they are sort of bobbing around at the moment at a kind of acceptable level.Mores better of course,when isn’t it?. Just waiting for the next rip and hope its not downwards but hey that’s cryptos for you.

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