bitcoin continues its downward trend dropping to its lowest level in a week, bit it still remains above $7,000 at around $7,300. Last month we saw it fall to around $6,000.
The cryptocurrency market is looking very red today. So let’s take a look at some of the biggest losers in the top 100. Wanchain suffered losses of more than 20% today, and right behind are WaltonChain and Waves suffering losses of more than 19%.
Let’s take a special look at IOTA as today we saw IOTA hit its lowest level in a few months. IOTA’s architecture made it more challenging for service providers like exchanges to integrate IOTA compared to traditional blockchains. Today the IOTA Foundation is excited to announce the IOTA Hub, which they hope will solve these issues.
Sources: https://blog.iota.org/introducing-iota-hub-5349bb8a29cd
https://blog.iota.org/welcome-dave-de-fijter-to-the-iota-foundation-d52d0ef94204
Please remember this is news, not investment advice.
