The market of crypto-currencies continues to decline against the backdrop of news from China
NEWS 16.01.2018
On Tuesday, January 16, bitcoin and other leading crypto-currencies underwent a significant correction, largely caused by news of intentions regarding forbidden access to local and foreign platforms for trading.
In a single quarter, bitcoin stock exchanges went down close to $ 12,000, except for and outside of NEO and Monero, all of the Crypto-currencies from the top twenty of Coinmarketcap also ended up in the "red zone". At the same time, Ripple, Cardano, Bitcoin Cash, Stellar, EOS, Dash, Tron, Bitcoin Gold and Ethereum Classic lost more than 10%.
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For those coins that have risen hugely recently, this correction should be temporary. If you are smart, trade the microcap coins and you should be fine.