At midnight, a new sale began on the cryptocurrency market, during most of the coins fell by 4-10%. Bitcoin rate broke through the level of $ 3500 and continues the downward movement.
Cryptozyme is intensifying, since over the past 24 hours the capitalization of the crypto market has decreased by $ 5 billion. With the onset of Monday, almost all virtual money began to lose value. In the last nine hours the cost of bitcoin (BTC) has decreased by $ 150, which is 3.36% in relative terms, and at the time of writing it is trading at $ 3,477.
Although such small fluctuations are quite normal, the overall market downturn is not driven by news from the crypto industry., as even after the withdrawal of their applications for the bitcoin ETF, Bitwise and NYSE Arca reported that they had filed a new one with the SEC earlier this month. offer to launch an exchange-traded fund.
Ripple continues to confidently hold the second position in the rating and shows more stable dynamics. During the day, the XRP rate fell by 5.01% and is $ 0.298. Ethereum (ETH) fell 6.7%, and its price reached $ 108 and is again approaching the psychological level of $ 100. Ether is less resistant to the collapse due to another delay system-wide update and the growth of competing platforms EOS and TRON, which are increasingly decentralized applications.
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Although EOS managed to climb 4 ratings, it also lost 5.37% of its price, which is now at $ 2.31. Bitcoin Cash (BCH) fell 8.59% to $ 115. Separately, we can note TRON’s jump in the capitalization rating, which now ranks 8th. Over the past month, Justin conducted a fairly successful dapp funding campaign, as a result of which the TRX rate more than doubled during this time, but lost 9.73% in a day and is $ 0.027.
Zvezdny’s position changed no less dramatically. from the fifth position it went down to the ninth, the loss in 24 hours is 10.23%. At the time of this writing, the XLM rate has dropped to $ 0.09. Litecoin (LTC) suffered a 5.48% loss and is trading at $ 31.18.
Earlier, we reported that JP Morgan analysts predict that the bitcoin rate will fall to $ 2,400, and if the bear market continues, it may fall below $ 1,260…
text: Ivan Malichenko, photo: lumia-update, i.ytimg, graph: Coinmarketcap
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