Even though the week had seemingly started off with some positive market momentum, most cryptocurrencies are going through a somewhat violent retrace. Not entirely surprising when considering how weak Bitcoin has looked since Sunday afternoon. For Electroneum price watchers, things are not looking too great right now. The ongoing decline continues to haunt the market and trigger a drop to below 110 Satoshi soon.
Electroneum Price Volatility Continues
Despite what is widely considered to be a big year for Electroneum already, it appears things are not necessarily looking too great right now. More specifically, no one is discounting the developments taking place behind the scenes. On the price front, however, things are looking a bit different in recent weeks. No major uptrend has materialized, although no one knows for sure why that is the case exactly.
Over the past 24 hours, the Electroneum price has dipped by a further 0.26% to $0.005778. There is also a 1.71% deficit in ETN/BTC, as that level has now dropped down to 112…