Global crypto markets took a 2% hit today as contagion fears continued spreading to more platforms, including the Winklevoss Twin-owned Gemini exchange.
Bitcoin fell back half a percent to US$16,550 after failing to overcome bearish resistance, raising the possibility of a retraction to US$16,450 support levels in the coming sessions.
Ethereum cut a similar path, having been sent back to US$1,200 after failing to reach key resistance levels. Further retracement could see ether fall to US$1,100.