"The exchange hosted about $1.6 billion of cryptocurrency trades in the past 24 hours, making it the biggest in Korea and the fourth-largest in the world among fee-charging venues tracked by Coinmarketcap.com.
While this debacle is taking place behind the scenes, it will be interesting to see how long it takes all cryptocurrency markets to effectively recover.
For the time being, the cryptocurrency markets will continue to face a lot of bearish pressure. As long as Bitcoin can’t find stable support and bounce back strongly, the altcoins will continue to suffer
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