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Why April 2018 Was A Great Month For Cryptocurrencies?



Cryptocurrencies

April was a great month for cryptocurrencies, at the start it was hovering at $263 billion. The original coin that accounts the largest chunk of trading’s volume in its market was nearing a bottom. The drawdown on prices was spreading from bitcoin to other cryptocurrencies.

Ether crashed below $400 to hit its lowest price since last year in the month of November. Ripple, the third most valuable cryptocurrency flirted declines due to Tax-related selloffs by traders contributed to the pressure.



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