Crypto Analysts Turn Bearish: Bitcoin (BTC) May Take “Months To Recover”20.64

As reported by Ethereum World News previously, on Wednesday morning, the jaws of crypto investors worldwide hit the floor, as Bitcoin (BTC) tumbled under $5,800 for the first time in months. Altcoins weren’t far behind the leading crypto asset, which now sits under a $100 billion market capitalizations, as EOS, Bitcoin Cash (BCH), Stellar Lumens (XLM), Ethereum (ETH), and Ripple’s XRP all saw double-digit losses.

This nascent market was so tumultuous that XRP ousted Ether as the industry’s second-most valuable cryptocurrency, with the former now being seated at Bitcoin’s right hand, as it were.

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