Crypto Markets Continue To Toss And Turn: XRP and Ethereum (ETH) In Standoff-1.19

As reported by Ethereum World News on Wednesday, straight out of left field, Bitcoin (BTC) and its altcoin brethren tumbled, losing upwards of a dozen percent of their values in a few hours time.

Within hours, the volume seen on BTC pairs reached multi-month highs, with charts expressing how quickly crypto assets blew through their levels of “support,” contributing to a rapidly growing sense of panic within the cryptosphere. More specifically, while many analysts have claimed that $5,800 is an integral level for BTC, “digital gold” fell from $6,400 to $5,600.

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