Strong US Dollar, Not ICOs, Drove Recent Cryptocurrency Market Decline: Analyst


The cryptocurrency markets experienced a slight pullback on Thursday but have more or less managed to maintain the midweek recovery that followed Monday’s massive sell-off. As CCN reported, some analysts attributed that decline — which affected ethereum to a far greater extent than bitcoin — to ICO-funded startups cashing out their capital before the market

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Posted by Josiah Wilmoth on August 16, 2018 @ https://www.ccn.com/strong-us-dollar-not-icos-drove-recent-cryptocurrency-market-decline-analyst/

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