Bitcoin, ETH, XRP, LTC, And XLM Sell-off — Is It Overdone?

Bitcoin, ETH, XRP, LTC, And XLM Sell-off — Is It Overdone?

US News Rank

Last week was a horrible week for cryptocurrency markets. Bitcoin, ETH, XRP, LTC registered double digit losses, with ETH and LTC losing more than 20% of their value–see Table 1.
Table 1
Seven-Day Price Change For Major Cryptocurrencies

Cryptocurrency
%7d

BTC
-18.90%

ETH
-20.82

XRP
-16.49

LTC
-25.59

XLM
-18.92

Source:Coinmarketcap.com 9/28/19 at 11:40 a.m.
The losses spread across the entire…

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