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.