Crypto Market Bloodbath: $300 Million Wiped out as Ether Hits $3,100

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Market took serious hit amid large wipeout triggered by institutional investors

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Investors and traders are keeping a close eye on key levels, given the current state of the market. Ethereum needs to stay above the $3,000 to $2,900 range in order to keep the market stable. Before making any more moves, Bitcoin's performance will also be continuously watched for confirmations of higher lows.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.

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