Ethereum’s Fundamental Strength Takes a Hit as PlusToken Scammers Continue Dumping

Yesterday was an overwhelmingly bullish day for the cryptocurrency markets, with Bitcoin posting a large surge from its lows of $6,400 that led Ethereum (ETH) and most other major altcoins to climb as much as 10%.
This upwards momentum was somewhat fleeting however, and Ethereum’s retrace from its recent rally may stem from the ongoing sale of ETH from the ring leaders on the defunct PlusToken Ponzi scheme, which could significantly damage the crypto’s price for years to come.
Ethere