Crypto Markets Wary, As Top Ten Go Red Arrows

Investing, News | November 8, 2018 By:

The crypto markets went into retreat today, giving back gains wrought in yesterday’s minor rally.

Bitcoin was back at the $6,400 level in early trading, with trading volume moderate. The coin was down slightly more than one percent.

The rest of the market was also in a giving back mood. Ether was down more than two percent, XRP down more than five percent, and several days of upward momentum on Bitcoin Cash halted, as the coin was down more than five percent.

Right now, it appears the market awaits its next big turning point, the Bitcoin Cash fork on Nov. 15.