Just when we thought that a real recovery was about to occur for cryptocurrencies, they have all dumped again today, several by double digits.
A few hours ago crypto markets plunged losing over 14 billion dollars in just a few hours. At the same time news emerged that South Korean crypto exchange Coinrail had suffered an incursion resulting in the theft of various altcoins.
This year has not been a bright one for cryptocurrencies. The fervor at the beginning of 2018 has dissipated into a shroud of despair towards the end of it. As markets continue dump, new lows are being made leaving us wondering when it will reach the bottom.