The cryptocurrency market has lost around $70 billion in market capitalization over the week – at the time of writing - with losses spread across the board. A warning from the IMF over cryptocurrencies and a notice from Google that they will be stopping ICO/cryptocurrency advertising, sent the market lower, taking out support levels along the way. A current period of consolidation is in play but traders should be wary that weekend trade can easily move the market in either direction, and should be ready for any eventuality.