Crypto market tumbles yet again; Top coins down by 5% to 12% while BitcoinDark strikes big
97 of the top 100 cryptocurrencies by market cap flash red, as the cryptocurrency market tumbles yet again. Bitcoin has reduced by almost 5%, pulling down most other altcoins with it. Ethereum, the 2nd biggest crypto, has been cut down by over 12%!
Just days after the massive downfall of the crypto market, the bearish trends have hit again. This time, though the damage isn’t as bad as the previous one, most coins have suffered significant losses. Bitcoin, in particular, is now priced at $6,201 USD after losing 4.41% of its value in just under an hour.
The fall was initiated at 23:09 UTC yesterday and continued for an hour. During this time period, Bitcoin lost about $230 off its price. The losses for individual coins are as follows:
BitcoinDark moons again!
While all other cryptocurrencies are struggling to get rid of the bearish trends, BitcoinDark stands tall with a healthy gain of 39.26%. The coin has been making a lot of news lately as it rose by an astonishing 400% just a few days ago. This, again, occurred in the middle of the bearish trends. The uprise has increased the coin’s 24 hour trading volumes from $130k USD to $800k USD, and it is continuing to hold strong at the same levels.
Image via Shutterstock, Coinmarketcap
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