Daily Crypto Overview 1-16-2018

in #crypto7 years ago

Daily Crypto Overview 1-16-2018

Today has been another horrid day for crypto in general,  and I am getting a little bit worried that we might be stuck in this bear market for a while.

Each time it looks like the market might break out of it's funk,  there is more bad news to encourage panic and dumping. 

Bitcoin is currently at $11,170 but had dipped as low as $10,000 and even lower on some exchanges.  Ethereum has dropped to $994 today.

Top 5 Gains in the Top 100 (actually there are only 3 gains out of the entire Top 100 today)

1. Neblio- +%24.9 $27.84

2. Tether- +%3.6 $1.04

3. Ethos- +%2.1 $6.27

Top 5 Losses

1. Bytom- -%36.4 $0.280

2. Ardor- -%35.6 $1.58

3. Enigma- -%34.4 $3.51

4. GameCredits- -%33.9 $4.06

5. Hshare- -%33.4 $10.63

Steem and some of my Favorties

Steem is still dying and dropped to $3.67,  and Steem Dollars also dropped swiftly to $3.69.  EOS is down to $9.58.  MANA dropped to $0.0932.  Enjin coin has went all the way down to $0.191.  

We have a lot of recovering to do from the high points we were at just a couple of weeks ago,  and I hope the bull run starts sooner rather than later. 

What you think will happen in crypto in the next few days?  Tell me in the comments! 

To the moon,

@bwells

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Its really bad news for crypto

Good chance most will drop a little more then go stale for a few months, hold what you have and by the summer things should of well recovered :)

Useful and informative crypto news thanks for share!!!

                 RESTEEM DONE !!!!!!!!!!!!!!

Today also very bad day for cryptocurrency. Only seem red liner without only 03 tokens as you showing here. BTC, ETH, EOS, XRP and steem as my favorite coins dropped over 10%. Really bad situation. For that most reason indeed. However I seriously trust cryptos start rising again. So time to buy and hodl.

lots of people are loosing there mind over this, I think they should all just relax and HOLD, sit back and wait for the big rise again.

only three in gain for the first time ever

keep posting sir best of luck
and also upvote me thanks in advance

Cyclical bear market for a few years until fiat starts to truly crumble and then interest in crypto will spike again but the players will be very different, and it's likely it'll be a lot of newer total privacy-related coins that will win as even economically stronger nations try to stop capital flight and people try to hide their tracks.

steem is that lion which will roar again