Bitcoin, Ethereum, Ripple Prices Slump; Market Valuation Crashes

Bitcoin, Ethereum, Ripple Prices Slump; Market Valuation Crashes

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The cryptocurrency market continues its bear market move with losses stacking up across the board. Low volume conditions in the next couple of weeks may inflame the sell-off further.

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Weekly currency forecast

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Market Outlook

US
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The US Dollar has continued this week's strength for a test of fresh yearly highs. Next week's calendar brings a key rate decision out of the FOMC in the final full trading week of 2018.
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EURO
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The Japanese Yen may continue to push higher as global slowdown fears sour sentiment across financial markets, boosting the perennially anti-risk currency.
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ASIA
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The Euro trimmed losses after the ECB rate decision and Mario Draghi speech, gaining as the US Dollar weakened. Australian Dollar and emerging markets at risk to softer Chinese data.
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