As was to be expected, there is a fair bit amount of bearish pressure affecting all cryptocurrencies right now. This trend has been forming for a little while now, although most traders expect the losses to be contained first and foremost. That may not necessarily be the case for all markets, as the VeChain price is losing a fair bit of value in rather quick succession.
VeChain Price Can’t Catch a Break
In the cryptocurrency world, there is never a price trend which has proven to be sustainable for the very long run. It seems such a trend will not necessarily materialize throughout 2019 either, although the rollercoaster ride is less apparent in recent months compared to previous years. As Bitcoin is dipping in the red once again, all of the alternative markets are quickly following suit at an alarming pace.
As far as the VeChain price is concerned, it seems the pressure is getting the best of this market in quick succession. With a 7.47% loss, the price has now dropped to $0.006810. In terms of VET/BTC, the pressure is…