The cryptocurrency markets continued their downward trend Tuesday following yesterday’s “Monday Massacre.” The total market cap of all cryptocurrencies has fallen by more than $25 billion since peaking at $117 billion in mid-June. Once again, bitcoin and ethereum are leading the retreat, and the altcoins are marching behind, lining up in formation.
To make matters worse, both Coinbase and GDAX halted trading during Monday’s frenzy, infuriating investors who were hoping to use the downturn as an opportunity to purchase coins at what they viewed as a discount.
The price resistance will correct the fall, watch out for ethereum release of metropolis and segwit2x implementation on bitcoin. there is something going to happen july 21st.