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.
The wait was finally over for institutional traders wanting to get some crypto action with the Chicago Board Options Exchange...