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BTC, ETH, XRP, BCH, LTC, and Other Top Coins Struggle to Recover After Recent Losses

  • Alex Dovbnya
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    The cryptocurrency market remains in the red while it’s trying to get back on its feet

BTC, ETH, XRP, BCH, LTC, and Other Top Coins Struggle to Recover After Recent Losses
Cover image via u.today

On Aug. 15, the cryptocurrency market ended up at a crossroads, failing to make a decisive move. According to data provided by Coin360, all top coins remain in the red as a result of yesterday’s bloodbath.

Bitcoin, the number one cryptocurrency by market cap, is see-sawing in the $10,000 region (it has dipped below this level on multiple times). The coin that started it all saw almost 20 percent of its price trimmed in a single week.

 The cryptocurrency market has been painted red
image by coin360.com      

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While there are concerns about the health of crypto, it might be just an ordinary correction that will be followed by a green tsunami. After all, cryptocurrency traders are no strangers to extreme volatility.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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