The crypto-market is back into undecided territory after bitcoin ended it’s rally. Prices broke the $300 barrier today, putting an end to the (almost) month-long rally. The uptrend started back on October 14th when BTC/USD broke out above $250 dollars. Bitcoin is currently trading at $314 dollars per coin.
Peercoin Ends Rally
Peercoin ended its short-lived uptrend after prices had a major reversal from the highs, prompted by BTC losses. We topped out at $0.579 on November 4th and we are currently quoted at 37 cents flat, a massive 36 percent lower.
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