Cryptocurrencies stabilise after ‘bloodbath’ — but bitcoin and ethereum are still falling
|01/17/2018||Posted by BusinessMediaguide.Com under General World News||
- Cryptocurrency market stabilises after Tuesday’s “bloodbath.”
- But bitcoin, down 2%, and ethereum, down 5%, still suffering.
- Putin is proposing tighter regulation of the cryptocurrency space.
LONDON — Global cryptocurrency markets have stabilised slightly on Wednesday after a major sell-off, but the two biggest tokens are still losing ground.
All of the major cryptocurrencies suffered double-digit falls on Tuesday in what commentators described as a cryptocurrency “bloodbath.” The selloff was thought to be triggered by concerns about regulation in the Asian market.