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![]() The cryptocurrency market has experienced a strong fall this Friday and Saturday. ![]() 31.Dec.17 7:52 AM By Daria Zaytseva Photo Toinnov.com |
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Coins lost value in all directions, and only three of the twenty best on market capitalization showed growth of more than 10 percent: Cardano, Qtum and Neo. Fortunately for Ethereum owners, its fall was less noticeable. The drop from $769 to $685, which is just an 11 percent loss of value, is much more advantageous compared to the performance of Bitcoin and Ripple.
Overall, 2017 has been a good year for Ethereum, as the coin grew for just $8 to its own record high of $750 and beyond, and it still seems to support that dynamic. This year was very positive for the vast majority of coins, possibly indicating that the collapse of the last two days is a temporary pullback from this progress, which may be followed by a renewed growth. |