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How Are Major Cryptos Faring?

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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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    WP_Comment Object ( [comment_ID] => 132251 [comment_post_ID] => 148285 [comment_author] => Mr Stuart wiltshire [comment_author_email] => [email protected] [comment_author_url] => [comment_author_IP] => 141.101.98.128 [comment_date] => 2018-05-14 07:35:11 [comment_date_gmt] => 2018-05-14 06:35:11 [comment_content] => 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. [comment_karma] => 0 [comment_approved] => 1 [comment_agent] => Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/66.0.3359.139 Safari/537.36 [comment_type] => [comment_parent] => 0 [user_id] => 0 [children:protected] => [populated_children:protected] => [post_fields:protected] => Array ( [0] => post_author [1] => post_date [2] => post_date_gmt [3] => post_content [4] => post_title [5] => post_excerpt [6] => post_status [7] => comment_status [8] => ping_status [9] => post_name [10] => to_ping [11] => pinged [12] => post_modified [13] => post_modified_gmt [14] => post_content_filtered [15] => post_parent [16] => guid [17] => menu_order [18] => post_type [19] => post_mime_type [20] => comment_count ) )
  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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