3 Cryptos to Avoid No Matter What
The cryptocurrency market ran into a brick wall last November, just after leading digital currencies such as Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC) recorded what still count as their all-time highs. Today, Bitcoin trades 67% below the soaring record prices of last fall, and Ethereum has taken a 69% haircut.
At the same time, the crypto sector has started to show signs of life again. Bitcoin has gained 20% from last week's short-term lows, and Ethereum posted a 49% gain over the same period. Some lesser-known altcoins have delivered even greater weekly returns. Some cryptocurrencies are reporting significant news of their own, and others are simply bouncing back from a period of brutal market pessimism.
This recovery may or may not last. It's hard to tell what's going to happen next in the ultra-volatile crypto market. Maybe you want to pick up a few digital coins or tokens at this point, where a sense of stability meets low prices.
Source Fool.com
