Daily crypto: Prices show red numbers and bitcoin price volatility has increased sharply

Daily crypto: Prices show red numbers and bitcoin price volatility has increased sharply.

Image source: Shutterstock / Trijo News

Tim Haldorsson

tim.haldorsson@trijo.co

The total market cap for all cryptocurrencies has lost $3 billion in value over the last 24 hours. In addition, the volatility of the bitcoin price has risen sharply over the past month.

The crypto markets have lost in value over the last 24 hours. At present, about 85 of the 100 biggest cryptocurrencies show red numbers.

The market cap for all cryptocurrencies has dropped $3 billion over the last 24 hours – from $114 billion yesterday to $111 billion today.

Volatility of the bitcoin price has increased

About a month ago, Trijo News wrote that the bitcoin price was at this year’s lowest regarding volatility. However, in the past month, the volatility of the bitcoin price has increased by more than three times, according to data from the site Buybitcoinworldwide.

Bitcoin loses the most of the biggest currencies

When we look at the biggest cryptocurrencies, all of them show red numbers. Bitcoin (-2,10%) and stellar ( -1,50%) have lost the most, but also ethereum (-0,78%), xrp (-0,33%) and tether (-0,18%) have lost in value over the last day.

Bitcoin (-2,10%) is currently trading at about $3,504, a decrease of $100 from yesterday.

The cryptocurrencies on top 100 that performed the best during the last 24 hours were wax (+64,68%) and bitcoin private (+8,95%), and those who performed the worst were decred (-10,35%) and factom (-9,68%).

Asset: Price: % (24h)*
Bitcoin $3 504,30 -2,10%
Xrp $0,30866 -0,33%
Ethereum $92,49 -0,78%
Stellar $0,11887 -1,50%
Tether $1,02 -0,18%

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

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