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Cryptocurrencies, Initial Coin Offerings: The Downward Movement

Cryptocurrencies, Initial Coin Offerings: The Downward Movement

Cryptocurrencies have witnessed another down day with only a handful of them rising. The big brother of digital currencies, Bitcoin, has fallen 16.7% in the last day, trading at $10,116 as of 7:00 AM EST on January 17, 2018. The Ark Web x.0 ETF (ARKW), which is known to track the price of cryptocurrencies, was trading at $49.20 on January 16, 2018.