Sigh, Another One of Those Crypto Red Days

It’s another one of those crypto red days we’ve seen in the markets from time to time over the last few months.

Seems likes all previous gains dry up in a matter of hours.

Take a look at the CMC top 10 below. All down big, all at the same time. Hmmm.

Let’s see what’s going on.

In my opinion not much has changed from yesterday to today. But here are some stories that might be putting a crimp in the crypto market.

You have this article going around from Roger Ver’s bitcoin.com about a report that claims hundreds of ICOs are being investigated by the SEC. I remember similar news months ago.

Then there’s Bitfinex, one of the top crypto exchange by volume, suspending fiat deposits.

No reason why, but they are supposed to resume within a week.

Then you have economist Dr. Nouriel Roubini, aka Dr. Doom, crapping on cryptos. Blah, blah, blah… I think he just needs some attention.

Overall, not much news. I continue to HODL and BTFD.

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