Posted by on June 26, 2017 3:21 pm
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Categories: Alternative currencies Bitcoin Blockchains Business Coinbase Cryptocurrencies Currency Economics of bitcoin Economy Exonumia NASDAQ Numismatics

Update: As selling volumes accelerate, so one thing is assured… Coinbase is down…

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Extending its overnight decline, Bitcoin is now down almost 15% from last week’s highs, back at its lowest since June 16th…

It’s not just Bitcoin either…

And all of the largest 30 virtual currencies are deep in the red…

Source: CoinMarketCap.com

Catalysts for this most recent drop remain unclear but as we noted last night, chatter is focused on uncertainty surrounding SegWit (another potential fork in the codebase) and some looming large ICOs.

Some are also wondering how inter-related the Nasdaq and Bitcoin have become…

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