| We saw a week of sharp throughout the entire market. Bitcoin's price plunged and it painted the entire market red. Of course, the altcoins also plummeted against the USD but remained relatively stable against Bitcoin.
Wall Street, on the other hand, continues to rise as the bond market also saw serious drops. Contrary to the projections for the capital market collapse, key indices keep on climbing in the face of the declining Bitcoin. Google also doesn't show a change in demand in searches such as "Buy Bitcoin," "Buy Ethereum," or "Ripple."
Block.one, the company behind EOS, was fined $ 24 million by the SEC. While that sounds like a significant fine, relative to the $ 4.1 billion raise it is not such a big deal. Will the weak punishment encourage more projects to take risks or will we see more cases as we saw in Kik where authorities identified it as a security.
Changes in exchanges and announcements of cryptocurrencies removal in Bittrex and Binance show that the market is being cleaned out, but on the other hand, new currencies continue to be listed on the market, so the multi-currency problem in the market still persists. | 
BTC: $8,475
ETH: $180
XRP: $0.255
Crypto Market Update: Bitcoin Plunges $2000 Weekly, Fundamentals Pointing Upwards