Distributed database that is used to maintain a continuously growing list of records, called blocks
Bitcoin and the most of the altcoins had a new downturn this weekend and left investors wondering what this week will bring to their capital.
This Monday, Bitcoin had fallen to an average $2530 on Coinmarketcap, -5.15% in 24 hours.
Ethereum (ETH), due to three ICOs with network issues last week, fell considerably even, returning below $300 to currently trade around $283.
CryptoCurrency Market Capitalizations
ETH’s sudden network issues meanwhile is leading analysts to forecast continued losses into this week.
Tone Vays highlighted weak lines of support versus BTC, and argued prices “might drop another 40%” before “strong support” appears.
— Tone Vays [UASF-148] (@ToneVays) June 25, 2017