Cryptocurrency market lost $6bn
We see serious dump in the cryptocurrency market – it has lost more than $6bn in a short time. All top coins are in the red zone and are still losing their cost.
Bitcoin has grown smaller by 2 per cent during the last 24 hours and its course is $6330 right now. However, digital gold still costs more than 6 thousand dollars, that`s why we will see the consolidation if bitcoin doesn’t fall below this value.
Ethereum also follows trend direction, the second biggest coin has dropped down to $197 (-3,5%).
Altcoins have been no exception since yesterday session: Tron (TRX), Litecoin (LTC), Ethereum Classic (ETC), Cardano (ADA) and EOS – all of them lost in the average of 5 per cent. Only a few cryptocurrencies from top 50 are in a green zone.
The total cryptocurrency market capitalization is approximately $203bn, it means that the loss is equal to 3 per cent. The Bitcoin index is more than 54 per cent. The Bitcoin index is more than 54 per cent again. Traders have seen in such situation many times before when cryptocurrency market dumps.
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