Friday, Nov. 30 - After a short-lived spike earlier this week, the crypto markets are today back in the red, with virtually all of the top 20 cryptocurrencies seeing losses within a 4 and 10 percent range, as data from Coin360 shows.
As of press time, the top coin is at $4,037, down 6.3 percent on its 24-hour chart, according to CoinMarketCap.
On the week, Bitcoin is around 6 percent in the red; monthly losses are at a stark 36.3 percent.
Second-largest ranked crypto asset, Ripple, is down 5.5 percent on the day, trading at $0.35 to press time.
On the week, Ripple is 12 percent in the red, with monthly losses above 19 percent.
Ethereum is down a round 5 percent on the day to trade at $112.9.
The altcoin's decline on the week has brought it to around 7.6 percent in the red; monthly losses are pushing 43 percent.
Most of the remaining top ten coins on CoinMarketCap are seeing losses of between 4 and 10 percent, with the notable exception of newly-forked Bitcoin SV split), which has decoupled from the wider market to seal a 2.6 percent gain on the day, trading at $96.35.Meanwhile, EOS is down 5.4 percent at $2.86 and Litecoin is down 6.3 percent at $32.06: Cardano is the hardest hit among the top ten, sinking 9.2 percent to trade at $0.038.The remaining coins in the top twenty by market cap are all red, with the exception of privacy-focused alt, Zcash, ranked 19th, which is up 1.74 percent at $82.05.
Zcash's spike is likely due to major U.S. cryptocurrency exchange Coinbase announcing its launch of support for the asset on its Coinbase Pro platform yesterday, Nov. 29.15th largest coin NEM is down almost 8 percent at $0.07, and Tron is pushing a 10 percent loss at $0.014.
13th largest crypto, IOTA, is down 5.7 percent at $0.28, and Dash is down 6.74 percent at $90.60.Total market capitalization of all cryptocurrencies is around $130.4 billion as of press time, up almost $16 billion from an intraweek low of $114.6 billion Nov. 25.Total market cap 7-day chart.
Crypto Markets See Persistent Red, Bitcoin Briefly Dips Below $4K
gepubliceerd op Nov 30, 2018
by Cointele | gepubliceerd op Coinage
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