Crypto Market Wrap: Did Binance Just Cause a $6 Billion Dump?
Crypto markets cooling off again; Only Bitcoin Cash surviving as Bitcoin SV drowns.
Market Wrap
There has been no further momentum on crypto markets and the pullback appears to be decelerating. The Binance BSV debacle seems to have sent markets into a temporary tailspin as $6 billion left the space a few hours after the announcement. Volumes and total capitalization is thinning out again as it approaches $170 billion but no major decline has ensued.
Bitcoin dumped to an intraday low of $5,025 a
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