Bitcoin and Ethereum are down 7% and 6% respectively, as worries grow that they could be headed for a major correction. But that doesn’t mean the value of cryptocurrencies is going to stay low. The market is volatile, and investors are prone to panic, but here are some factors to keep in mind when you think about cryptocurrencies as an investment.

Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), and Bitcoin SV (BSV)—known collectively as the so-called “fork”—have been in the news recently. They’ve been in the news because they, along with Bitcoin (BTC), were overbought, and analysts are predicting a sell-off. Even the market cap of the entire cryptocurrency market is back below $300 billion for the first time in over a year, according to CoinMarketCap.com.

Bitcoin has been on a downward trend for some time now. The price of Bitcoin is currently around a grand, which is down about 50% from its all-time high. Meanwhile, Ethereum has been underperforming as well, down to about $1,000 per Ether.. Read more about why ethereum is going down today and let us know what you think.These factors preceded the wave of sales of bitcoin and ethereum today – but what could happen next? Earn up to 12% annual returns on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins and more. Beginning of importance Edge ‘ Bitcoin – Ethereum ‘ Analysis The two major cryptocurrencies fell 10% on Tuesday, despite acceptance and approval from nation states. Rohan Jethi – 8. June 20, 2021 at 8:00 UTC – 2 minutes reading The bitcoin and ethereum markets shot up on the 8th. There was another massive sale in June, according to data from various sources. Assets are down over 10% and some altcoins are down 15%. To read the rest of the article, log in or go to Edge.

Edge helps you better understand the crypto asset market.

We can all agree that the cryptocurrency market is fast moving and confusing, but Edge can help you figure it out.

Improved message coverage

Exclusive articles and consultancy

Get an analytical edge by accessing member protected articles with analysis from cryptocurrency analysts from around the world.

Real-time charts and price points

Get a better view of the market with real-time charts, price points and additional market data in every news article.

Discover the companies, products and people in ourarticles

We provide profiles of the people, companies, products and assets associated with each element of the Edge so you can make the connection.

Complete cryptographic data by asset and sector

Channel indicators and social mood

Get a better understanding of intra-chain trends and explore social sentiment for individual crypto assets.

Demographics of crypto asset transactions

Understand where most transactions of crypto assets take place in the world.

Search for innovative projects and sectors

Track new projects and sectors in cryptocurrencies with our manually collected data on 50+ industry verticals.

What else?

As an Edge subscriber, you get privileged access to new articles and can interact with the community on our private Telegram channel.

Pure experience without advertising

We hide all ads from Edge subscribers.

Support for independent journalism

As an independent organization in the blockchain industry, we are guided by strict editorial policies that emphasize objectivity and transparency in our reporting.The cryptocurrency sell-off in recent days has sent investors scrambling for safe ground. The sell-off happened when South Korea announced that it would ban the use of anonymous cryptocurrency transactions, likely in response to fears over money laundering. This was followed by China’s decision to ban ICO’s and cryptocurrencies, and then the US banning the funding of ICO’s in the US.. Read more about bitcoin price and let us know what you think.

Related Tags:

ethereum valuebitcoin pricebitcoin price todaywhy ethereum is going down todaywhy ethereum is down todayethereum news,People also search for,Privacy settings,How Search works,why ethereum is going down today,why ethereum is down today,ethereum value,bitcoin price,ethereum news,price prediction of ethereum,why ethereum will fail,why is bitcoin and ethereum dropping

Relevant news