Cryptocurrency Sellers Get Fresh Ammo From Critical BIS: Chart

The top 10 cryptocurrencies have struggled over the past month amid speculation that long-time investors have been taking advantage of days with positive news to sell peer-to-peer money. Adding to the pain is a critical report from the Bank for International Settlements that warns digital currencies may never serve as a bona fide medium of exchange. The BIS said they’re too unstable, consume too much electricity and are subject to too much manipulation.