Hopefully we've seen the floor..


A rally across the board predicted in the wake of last week’s Blockchain Week in NYC did not come into fruition, with the market instead dropping around 10 percent by mid-week.

The market slump could likely be attributed the news that the U.S. Department of Justice has opened a criminal probe into crypto market price manipulation, as well as a holdover of the FUD reported about the accusation of fraud last week against South Korean crypto exchange Upbit - a claim the exchange has refuted by conducting an internal audit.

Bitcoin (BTC) is now hovering around $7,500, up by a little less than 1 percent over a 24 hour period to press time.

Source: https://cointelegraph.com/news/crypto-market-see-some-green-after-week-of-lows-bitcoin-price-hovering-around-7500