The cryptocurrency market has been a bloodbath in March, but recovery may not be far off

in #crypto7 years ago

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It's been a bad month in crypto-city.

Bitcoin, the largest cryptocurrency by market cap, is trading at $7,076 -- a 7% decrease in the last 24 hours and a 34.6% decrease on a monthly basis. The second largest coin, Ethereum, is being absolutely pummeled, having dropped 5% to $398 in the last 24 hours, and losing more than half of its value (55.1%) since March 1. And none of the other major cryptocurrencies fared much better.
he news don't matter
It's hard to shake the feeling, however, that the prices have recently been going down regardless of the news cycle.