Daily crypto: Markets decline – bitcoin cash loses the most of the biggest currencies

Daily crypto: Markets decline – bitcoin cash loses the most of the biggest currencies.

Image source: Shutterstock / Trijo News

Tim Haldorsson

tim.haldorsson@trijo.co

The total market cap for all cryptocurrencies has dropped $4 billion over the last 24 hours. The SEC has fined two U.S. companies for selling unregistered securities

The crypto markets have gone downwards in the last 24 hours. Currently, about 92 of the 100 biggest cryptocurrencies show red numbers.

The total market cap for all cryptocurrencies has dropped nearly $4 billion over the last 24 hours – from $185 billion yesterday to $181 billion today.

Now, the SEC, U.S. Securities and Exchange Commission, has fined two US companies that made their own ICOs. The SEC has said to the companies Airfox and Paragon that their ICO were unregistered securities sales. Airfox took $15 million in its ICO, while Paragon raised $12 million. Both companies have been required to pay $250,000 in fines, Cointelegraph writes.

Bitcoin cash loses the most

Looking at the biggest cryptocurrencies, a majority show of red numbers. Bitcoin cash (-6,99%), ethereum (-1,99%), stellar (-1,02%) and bitcoin (-0,78%) have lost in value, while xrp (+0,51%) has increased in value over the last day.

Bitcoin (-0,78%) is currently trading at about $5,533, which is $60 lower than yesterday.

The cryptocurrencies on top 100 that performed the best during the last 24 hours were factom (+5,43%) and odem (+5,31%), and those who performed the worst were nasdacoin (-13,63%) and mixin (-7,93%).

Asset: Price: % (24h)*
Bitcoin $5 533,59 -0,78%
Xrp $0,47326 +0,51%
Ethereum $174,66 -1,99%
Bitcoin cash $386,60 -6,99%
Stellar $0,23975 -1,02%

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

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