Almost Every Cryptocurrency Is Tanking Right Now

Sep 05, 2017, 10:53 AM

If you're still pondering whether or not to invest in cryptocurrency, this should help you make up your mind.

Almost every single cryptocurrency in the world is tanking right now. Bitcoin lost over 11% in the 24-hours before time of writing, Ethereum and Litecoin had plunged almost 20%, and Ripple nosedived 14%. Some, like EOS and Qtum, had lost almost 40%. Among the larger coins, only Tether—the 19th largest cryptocurrency by market cap—was holding out with a 3.2% gain.