The decline in Bitcoin prices continued and turned into a rout yesterday. Prices fell close to 30 percent on most exchanges before rebounding somewhat. This had a knock-on effect on other cryptocurrencies.
Namecoin Spikes, Then Crashes
In what is becoming a familiar pattern lately, NMC prices first spiked to a high of $0.538 before crashing back down to $0.342 right now. Both the rise and the decline coincide with Bitcoin’s price movements.
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