• Latest
Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion

Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion

Februar 24, 2019
6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine

März 31, 2023
Judge denies SEC motion to keep Hinman docs secret in Ripple case

Judge denies SEC motion to keep Hinman docs secret in Ripple case

März 31, 2023
The ultimate guide to Miami – Cointelegraph Magazine

The ultimate guide to Miami – Cointelegraph Magazine

März 31, 2023
Dr. Jane Thomason – Cointelegraph Magazine

Dr. Jane Thomason – Cointelegraph Magazine

März 31, 2023
1658007797 celsius is bankrupt with 12b balance sheet hole su zhu.jpg

Celsius is bankrupt with $1.2B balance sheet hole, Su Zhu returns to Twitter and OpenSea purges 20% of employees: Hodler’s Digest, July 10-16

März 31, 2023
6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

6 Questions for Lisa Fridman of Quadrata – Cointelegraph Magazine

März 31, 2023
Jed McCaleb empties XRP wallet after eight-year selloff

Jed McCaleb empties XRP wallet after eight-year selloff

März 31, 2023
Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

Celsius has finally filed for bankruptcy: Law Decoded, July 18-25

März 31, 2023
The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

The ‘godfather of crypto’ risked lifetime in jail, laying foundation for Bitcoin – Cointelegraph Magazine

März 31, 2023
SEC objects to XRP holders aiding Ripple defense

SEC objects to XRP holders aiding Ripple defense

März 31, 2023
Blockchain technology is transforming the real estate market – Cointelegraph Magazine

Blockchain technology is transforming the real estate market – Cointelegraph Magazine

März 31, 2023
1658612147 nfts banned in minecraft sec lists 9 tokens as securities.jpg

NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockyness for company meltdown: Hodler’s Digest, July 17-23

März 31, 2023
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Litecoin

Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion

coinnewsdaily by coinnewsdaily
Februar 24, 2019
in Litecoin
0
Bitcoin Drops Sharply to Below $3,900, Total Market Cap Sheds $15 Billion
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Sunday, Feb. 24 — the top 20 cryptocurrencies saw a sharp market reversal, reporting heavy losses over the 24 hours to press time after earlier today seeing major gains. Most of the severe downward movement among top coins happened in under half an hour.

Bitcoin (BTC) broke the $4,150 mark again today before falling back under $3,900 to press time, according to Coin360 data.

Related articles

Litecoin confidential transactions spook Korean exchanges

Litecoin confidential transactions spook Korean exchanges

Mai 23, 2022
Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21

Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21

Mai 22, 2022

Market visualization from Coin360

At press time, Bitcoin is down over 5 percent on the day, trading at around $3,806, about 10 percent down from its mid-day high of $4,210, according to CoinMarketCap data. Looking at its weekly chart, the current price is just under 5 percent higher than $3,632, the price at which Bitcoin started the week.

Bitcoin 7-day price chart

 

Bitcoin 7-day price chart. Source: CoinMarketCap

Leading derivatives market CME Group tweeted on Feb. 21 that the recent surge in Bitcoin’s price at the beginning of the week lead to record Bitcoin futures volumes on Feb. 19, with over 18 thousand contracts traded.

Ethereum (ETH) is holding its position as the largest altcoin by market cap, which by press time is over $14.5 billion. The second-largest altcoin, Ripple (XRP), has a market cap of about $12.4 billion.

ETH has seen heavy losses, down almost 9 percent over the last 24 hours, according to CoinMarketCap. At press time, ETH is trading around $139, after having started the day at $148. The current price is about 16 percent lower than the coin’s mid-day high of $165.

On its weekly chart, Ethereum has seen its value increase almost 9 percent from $126, the price at which the coin started the week.

Ethereum 7-day price chart

Ethereum 7-day price chart. Source: CoinMarketCap

Ripple has lost nearly 7 percent in the 24 hours to press time and is currently trading at around $0.301, over 12 percent lower than its $0.34 high reported earlier today.

On its weekly chart, the coin has almost entirely reversed its gains, up just a fraction of a percent from the start of the week.

Ripple 7-day price chart

Ripple 7-day price chart. Source: CoinMarketCap

Among the top 20 cryptocurrencies, the ones experiencing the most notable losses are Litecoin (LTC), Bitcoin Cash (BCH) and Ethereum Classic (ETC), all seeing double-digit losses around 10 percent to press time.

The total market capitalization of all cryptocurrencies hit a multi-month high of almost $144 billion earlier today before sharply shedding almost $15 billion to hit $127 billion by press time.

Total market cap of all cryptos 7-day chart

Total market cap of all cryptos 7-day chart. Source: CoinMarketCap

As Cointelegraph reported today, Liechtenstein-based Bank Frick is launching an institutional cryptocurrency trading platform subsidiary, DLT Markets.

Earlier this week, news broke that the Russian State Duma (the lower house of the Federal Assembly of Russia) plans to review and adopt new cryptocurrency regulation in March and that the country’s former Energy Minister, Igor Yusufov, is also proposing an oil-backed cryptocurrency.



Credit: Source link

Tags: Litecoin
Share76Tweet48
Previous Post

Validators Create New Attack Vectors for Decentralized Systems

Next Post

Vitalik – XRP is Better than Bitcoin with Institutional Adoption & Partnership

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

Litecoin confidential transactions spook Korean exchanges
Litecoin

Litecoin confidential transactions spook Korean exchanges

Mai 23, 2022
Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21
Litecoin

Do Kwon faces legal trouble in South Korea, China remains Bitcoin mining powerhouse, and Ethereum 2.0 eyes ‘huge testing milestone’: Hodler’s Digest, May 15-21

Mai 22, 2022
Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock and crypto trader receives jail sentence for Ponzi scheme: Hodler’s Digest, May 8-14
Litecoin

Terra ecosystem collapses, Sam Bankman-Fried buys Robinhood stock and crypto trader receives jail sentence for Ponzi scheme: Hodler’s Digest, May 8-14

Mai 19, 2022
meta to launch metaverse hardware store, elon musk buys twitter for $44b and apecoin pumps to new highs: hodler’s digest, april 24 30
Litecoin

Meta to launch metaverse hardware store, Elon Musk buys Twitter for $44B and ApeCoin pumps to new highs: Hodler’s Digest, April 24-30

Mai 5, 2022
Bitcoin Will Overtake Gold’s MarketCap in 9 years, Says Bobby Lee |
Bitcoin

Sell or hodl? How to prepare for the end of the bull run, Part 2

April 10, 2022
How to prepare for the end of the bull run, Part 1: Timing
Bitcoin

How to prepare for the end of the bull run, Part 1: Timing

April 3, 2022
Load More
Next Post
Vitalik – XRP is Better than Bitcoin with Institutional Adoption & Partnership

Vitalik – XRP is Better than Bitcoin with Institutional Adoption & Partnership

Kategorien

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • 6 Questions for Rene Reinsberg of Celo – Cointelegraph Magazine
  • Judge denies SEC motion to keep Hinman docs secret in Ripple case
  • The ultimate guide to Miami – Cointelegraph Magazine
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

Please enter CoinMarketCap Free Api Key to get this plugin works.
✕
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev