November 15th Market Update: Cryptocurrencies Mixed After Day of Massive Drops
Covesting Research | Nov 15, 2018 05:28PM ET
Following a day of massive and widespread drops, cryptocurrencies are currently experiencing mixed trading, with Bitcoin trading down slightly and XRP further solidifying its number two position by market capitalization.
At the time of writing, Bitcoin (MarketWatch about the latest price drop, Naeem Aslam, the chief market analyst at Think Markets U.K., said that he isn’t too concerned with the daily pricing action.
“The simple fact is that I am not selling bitcoin in my portfolio, in fact, I am not even interested in this day to day market action. So the recent sell-off hasn’t changed my view about the technology or the potential it has. Wait for the currency or the debt crisis and the day it knocks on the door, guess who is going to answer the door? Bitcoin.”
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