Cryptocurreny Market Update: Only Hardcore Hodlers Still in The Game
Monday markets are looking red; XRP and Dash sliding, Tron and Tezos holding ground.
Monday morning in Asia is a red one in crypto land as markets slide further back. There have been no more major selloffs, however, and losses are marginal. Total market capitalization is still in the $200 billion range.
Bitcoin has not moved for the past four days and is still holding support at just below $6,300. BTC has dictated the flow of the rest of the market enough times this year and it seems to still be doing so as there is little movement elsewhere at the moment. Ethereum has weakened further, dropping back to $195 as ETH loses another 2% on the day.
The altcoins are all red at the moment dropping a percent or two from yesterday’s levels. In the top ten XRP, Stellar and Cardano have fallen the furthest losing around 2-3 percent on the day. The rest are down between one and two percent at the moment.
The top twenty shows a similar situation with Dash making the biggest drop of 3% to reach $156. The other alts are down 0-2 percent right now. Tron and Tezos are holding steady with no further losses.
As usual there is a daily pump going on and at the moment it is Komodo which is up 13% to $1.13. New wallets and updates continue to flow from the team but like all other cryptocurrencies KMD is still painfully low. Komodo is level on the week but up 12% since the same time last month.
At the red end of the table in the top one hundred is Nexo dropping 10%, and yesterday’s pump, Digitex Futures, is predictably dumping today falling 7%. Loom Network and Aion are also sliding 6-7 percent on the day.
New Browser Extension Hopes to Make it Easy to Get Used to Using Bitcoin in Retail
Wednesday May 22, 2019
A new browser extension has just been launched that hopes to make it easier for people to start thinking in Bitcoin prices when they do their online shopping. The aptly titled “Get Used to...
The post New Browser Extension Hopes to Make it Easy to Get Used to Using Bitcoin in Retail appeared first on 12bitplay - Bitcoin Play.
Total crypto market capitalization has fallen a further one percent during Asian trading this morning. Markets fell back to $198 billion but have recovered a little to climb back over $200 billion at the moment. Since last Monday crypto markets have lost 8%, and since the same time last month they are pretty much at the same level. Crypto markets have been at this bottom for around two months now, the longest inactive period since last year.
Bitcoin dominance has gradually increased again and is now at 54.4% as altcoins get dumped and only hardcore hodlers remain in the game.
FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.
The post Cryptocurreny Market Update: Only Hardcore Hodlers Still in The Game appeared first on NewsBTC.
Crypto Market Wrap: $8 Billion Back as Correction Gets Quashed
Friday May 24, 2019
Crypto markets bounce back; No correction for BTC yet, NEM, THETA and Waves flying. Market Wrap Crypto markets have rebounded as another correction gets quashed. The big dump from yesterday was expected to accelerate...
The post Crypto Market Wrap: $8 Billion Back as Correction Gets Quashed appeared first on 12bitplay - Bitcoin Play.