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2018-11-20 11:21:00

Genesis Trading CEO: Early 2017 Crypto Investors Are Now Leading The Massive Sell-Off

Michael Moro, the CEO of Genesis Trading, an over-the-counter (OTC) digital asset trading platform, has said that those who invested in cryptocurrencies in early 2017 have now started to sell “for the first time.” Bitcoin (BTC) dropped below the $5,000 mark (on November 19th) for the first time since October 2017. At press time, the flagship cryptocurrency is trading at slightly above $4,500 - as its price continues to decrease.Commenting on the massive sell-off, Moro told TheBlock: “We are seeing the folks who bought in early 2017 sell for the first time today.”