Crypto currencies are getting hammered once again in markets this week. CNBC reports:
Prices of major cryptocurrencies saw a sharp downward slide Thursday, amid closer regulatory scrutiny on the space and after Google announced plans to ban advertising related to the sector.
The market capitalization or value of all the world’s digital coins stood at $310.4 billion early on Thursday morning, down from $372.9 billion a day before, according to Coinmarketcap.com, which tracks prices based on different exchanges.
Bitcoin, the world’s largest cryptocurrency by market cap, traded as low as $7,676.52 on Thursday, the lowest since February 8, according to CoinDesk data.
Continue reading this post on Yoursurvivalguy.com.
Latest posts by E.J. Smith (see all)
- U.S. is #1: World’s Most Competitive Economy - October 18, 2018
- Your Retirement Life: Is Owning a Second Home a Good Idea? - October 17, 2018
- Your Retirement Life: A Dire Warning Part III - October 16, 2018