Friday , December 6 2019
Home / canada / Top Cryptocurrencies Mainly in red, Bitcoin falls below $ 3 900 Again

Top Cryptocurrencies Mainly in red, Bitcoin falls below $ 3 900 Again

Sunday, December 30 – most of the 20 most popular cryptocurrencies record discrete losses, while some of them declare discreet profits. The price of Bitcoin & # 39; s (BTC) is below USD 3,900, according to Coin360.

Market visualization

Visualization of the market from Coin360

At the time of the press Bitcoin is a fraction of a percent during the day, and its price is about 3880 USD. Looking at its weekly chart, the current price is much lower than Monday's maximum of USD 4,271, and also lower than USD 4.011, BTC price a week ago. What's more, the current price is still much higher than USD 3,642 – the lowest in the middle of the week on Friday.

Bitcoin 7-day price table

Bitcoin 7-day price table. Source: CoinMarketCap

Ripple (XRP) – the second-largest crypto-currency in terms of market capitalization – remained relatively stable throughout the day, at around $ 0.399 since the press.

On the weekly chart, the current price is higher than USD 0.377, the price at which the coin started this week. However, the current price is also significantly lower than the average increase of 0.446 USD achieved on Monday.

Ripple 7-day price chart

Ripple 7-day price chart. Source: CoinMarketCap

Ethereum (ETH) remains the third largest cryptocurrency according to the market ceiling, but the gap between Ripple and ETH decreases. The market limit at Ethereum is currently USD 14,380 million, while Ripple & # 39; s is USD 14,936 million.

Ethereum has seen more than 2 percent increase in value over the last 24 hours. During the press, ETH is at around USD 139, starting the day at USD 136. On the weekly chart, the current price is higher than USD 129 – which was the ETH value on the last Sunday – but also lower than USD 157.

Ethereum 7-day table

Ethereum 7-day table. Source: CoinMarketCap

Among the 20 most popular cryptocurrencies, the only ones that record profits – other than Ethereum – are EOS and Dash (almost 3 percent), Cardano (1 percent) and NEM (increase by three-quarters percent). The biggest profit of the day is NEO, which in the press has almost three and a half percent.

The total market capitalization of all cryptocurrencies – currently equivalent to about $ 130 billion – lost about $ 3 billion this week, but recovered about $ 10 billion from the lowest mid-week level of $ 120 billion. What's more, the total market crypt ceiling has also lost about $ 17 billion since its highest $ 147 billion per week.

Total 7-day chart for the cryptographic market

Total 7-day chart for the cryptographic market. Source: CoinMarketCap

As Cointelegraph recently reported, the Nvidia graphics processor (GPU) maker is faced with a class action on losses reported after the decline of the cryptocurrency market, which has reduced miners' demand for the GPU. After the mining catastrophe, the company's share price lost 54% of value and became the worst S & P 500 product.

As well as the leading mining producer, Bitmain, plans to release more than 500 of its employees and cease mining operations, because the company's heads were informed in the Chinese media that they are supposed to give way.

Source link