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Altcoins Get Clobbered, Taking the Brunt of the Bitcoin Bear

  • Published on: Jun 13, 2018 - 5:06 AM
  • Source: Bitcoinist

Following the hack of a largely unheard-of cryptocurrency exchange in South Korea and a probe by US government investigators into Bitcoin price manipulation, the cryptocurrency market has once again broken to the downside — and things aren’t looking pretty.  Brutality At the time of this writing, the total market capitalization for cryptocurrencies is sitting at roughly $283 billion USD — a number many would’ve found unbelievable following January’s high of over $830 billion. With bears firmly in control, it is likely the overall market cap will test critical (and psychological) su …

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