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Major Cryptocurrencies Drop Again as Bitcoin Loses 3%: Market Down $6 Billion

From ccn.com

Large market cap cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH) have dropped in value once again. In the past 24 hours, the cryptocurrency market lost more than $6 billion, as its valuation dropped from $142 billion to $136 billion. Bitcoin, which seemed to be demonstrating a fairly strong price movement in the last two days from November 28 to 29, experienced a $150 price drop, becoming vulnerable to falling below the $4,000 mark. $3,700 Depending on the volume of the cryptocurrency, technical analysts see the price of Bitcoin in danger of dropping below $4,000 to around ... (full story)

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  • Category: Fundamental Analysis