Strong US Dollar, Not ICOs, Drove Recent Cryptocurrency Market Decline

in #bitcoin6 years ago

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The digital markets experienced a slight pullback this week but have more or less managed to maintain the midweek recovery that followed Monday’s massive sell-off. Some analysts attributed that dip— which affected ethereum to a far greater extent than bitcoin to ICO-funded startups cashing out their capital before the market.

(https://www.ccn.com/strong-us-dollar-not-icos-drove-recent-cryptocurrency-market-decline-analyst/) appeared first on CCN (https://www.ccn.com/)

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Very astute. This also means it's temporary. US Dollar won't be strong forever..

Won’t long last...it’s time