Is it the downfall of Our beloved cryptocurrencies??

in #cryptocurrency7 years ago (edited)

2017 has been the most luckiest year for those who had bitcoins in there Cryptocurrency wallets. Bitcoin was $1000 as 2017 started and as it was ending bitcoin had already reached $23000. That is a lot of money.

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Ethereum was as low as $9 only in January 2017 which is now standing at $1000 as the 2nd most valuable cryprocurrency in the world.

But as of January 2018 price of cryptocurrencies like Bitcoin, Ripple and Litecoin started to fall making Bitcoin from 23000 USD to 9000 USD, Litecoin from 300 USD to 110 USD.

This shows the values of all the cryptocurrencies in this post.

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Is this the downfall of cryptocurrencies. What do you think? Tell in comments, follow me and please upvote...
Thanks for reading.

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin8647.660$-3.77%-26.81%
ETHEthereum881.756$-7.38%-27.43%
LTCLitecoin153.219$11.61%-18.46%
XRPRipple0.877$-2.45%-32.51%