Every one of the top 100 cryptos is getting hammered, except for these two

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Spooked by potential regulatory crackdowns around the world, investors unloaded cryptocurrencies in a big way on Tuesday: Bitcoin












BTCUSD, -22.31%










 down 18%. Ripple off 30%. Ethereum 20%… poof!

And the list of losses goes on and on.

Read: Just add blockchain? You know you’re in a dangerous bubble when…

“Bitcoin faces a regulatory crunch sooner or later and increasingly we see signs of this starting to bite following South Korea’s tentative plans to ban trading on cryptocurrencies and China’s move to shutter mines,” Neil Wilson of ETX Capital wrote. “Meanwhile, there may be growing consensus among European regulators to act in concert.”

No doubt, it’s ugly out there. In fact, of the top 100 digital currencies by market cap, only two managed to sneak into positive territory amid the broad retreat.

Let’s meet them.

First off, Neblio is bucking the trend with a 16% rally. This coin is way down CoinMarketCap.com’s list of most valuable cryptos at No. 76, with a market cap of $342 million. But, as you can see by this chart, it’s enjoyed an explosive 2018.



Then there’s Tether, with a market cap of $1.6 billion. It comes in at No. 26 on the list. At last check, it was up more than 2%. Not a huge move in the crypto space, for sure, but considering Tuesday’s carnage, it’s a strong showing.

Tether began trading in 2015 as a more stable alternative to bitcoin. The company says that every digital token is backed by one U.S. dollar — or other fiat currencies — held in reserve. The concept is to facilitate the transfer of those currencies between investors and merchants without all the crazy fluctuations.

On the hunt for other bitcoin alternatives? Here are seven cryptocurrencies to watch out for in 2018.



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