Crypto Markets Continue Downward Trend, But Slowing Pace

Investing, News | December 11, 2018 By:

The cryptocurrency markets continued in Goldilocks mode today. While the top ten coins were generally down, the markets were not too hot – but, most importantly, not too cold.

In early trading, bitcoin sat at the $3,400 level, down about three percent over the last 24 hours. Trading volume was moderate over the period.

The rest of the markets followed, with losses of between three to six percent. The outliers were Bitcoin Cash, down more than seven percent and Bitcoin SV, down more than eight percent, as the hash wars are in what appears to be the final stages.

Also dropping: EOS, which has been shrinking and continues to lag since its summer debut.