Daily crypto: Bloodbath in the markets – ethereum falls more than 10 percent

Daily crypto: Bloodbath in the markets – ethereum falls more than 10 percent.

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Tim Haldorsson

tim.haldorsson@trijo.co

Over the past 24 hours, we can see declines in prices for all major cryptocurrencies.

The crypto markets have fallen sharply in value over the last 24 hours and all of the big cryptocurrencies show red numbers. At the time of writing, about 95 of the 100 biggest cryptocurrencies are traded at lower prices than yesterday, and 37 of them show drops of over 10 percent.

The total market cap of all cryptocurrencies has decreased in the last 24 hours – from yesterday’s $217 billion to today’s $201 billion.

Ethereum again below $200

Looking at the biggest cryptocurrencies, all show a clear drop in price. Bitcoin (-4,44%) and eos (-9,14%) have decreased less than ten percent. Then we have ethereum (-11,44%)), bitcoin cash (-12,10%) and xrp (-12,66%) that show double-digit decreases in the last 24 hours.

At the time of writing, the price of bitcoin is $6,270, down about $300 from yesterday. The price for ethereum has once again gone below $200.

The top 100 cryptocurrencies that performed best over the last 24 hours were pivx (+3,97%) and qash (+2,56%), and the ones the lost the most in value were dentacoin (-14,73%) and theta token (-14,44%).

Asset: Price: % (24h)*
Bitcoin $6 265,88 -4,44%
Ethereum $199,78 -11,44%
Xrp $0,40821 -12,66%
Bitcoin cash $448,77 -12,10%
Eos $5,31 -9,14%

*All numbers in this article are from Coinmarketcap.com.

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