Cryptocurrency markets have been under pressure since the start of this year, and altcoins are among the prominent losers, due to their significant dependence on Asian markets. Last week, Altcoins hit the lowest levels in the last four months after Japanese and South Korean regulators clamped down on crypto exchanges.
Ethereum (ETH), which is the largest altcoin, trades around $400 level at present – down $1000 from its all-time high of $1,400 it hit at the beginning of this year. Ripple(XRP) has also hit the four-month low on Sunday before paring losses on Monday and extend ...
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