More pain has come to crypto markets as we round out the week. A third wave of selling has caused markets to dump to new yearly lows as total market capitalization dropped below $140 billion a few hours ago.
Bitcoin fell to a new low for 2018 below $4,200 a couple of hours ago which has dragged the entire market down with it. Predictions that it may well drop to $3,000 are looking pretty realistic right now as the bears keep the pressure on. Ethereum, which has been on the back foot for almost a year, slid 8% to $125 and seems likely to dump below $100 in the coming weeks.