None of us needs to be reminded of that the crypto market has been hit by an avalanche with prices declining more than 50 % for the biggest asset caps and much more for the top ICOs of last year.
But their prices tumbled immediately: Ethereum, widely considered the biggest beneficiary of the ICO boom, was down more than 12 %, and Bitcoin was down 7 % as China is the country where 42 % of all Bitcoin transactions have accounted for this year.