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China To Regulate Blockchain Firms And US Congressman Recommends Light Touch Crypto Regulations

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The State of The Market — January 11, 2019
BTC: $3,685.32 (-3.53%)
XRP: $0.332450 (-3.85%)
ETH: $125.80 (-5.94%)

The crypto market experienced its biggest single-day loss since November after more than $16 Billion was wiped off. It was led by Bitcoin, which failed to hold on to its support at $4,000 and $3,800. Also, XRP has once again overtaken Ethereum to become the second largest cryptocurrency and the difference in their market caps has widened to $500 Million as Ethereum continues to fall below $150. Most major coins are down by 3–6% and there ...

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