Crypto Markets In Meltdown Mode, As Prices Drop Across The Board

Investing, News | November 9, 2018 By:

The crypto markets went into retreat in early trading today, losing one to five percent as investor sentiment followed the US stock market declines.

Bitcoin was down nearly two percent to the $6,300 level, with trading volume at moderate to high levels.  Bitcoin Cash continued deflating after its recent run-up, as the inevitable caution in advance of the anticipated Nov. 15 hard fork kicked in.

Also on the red arrow team were virtually all of the top ten coins, with values dropping in the range of one to four percent in early trading.