• Latest
Markets Take Renewed Downturn, Cryptos Hit By Strong Losses Across The Board

Markets Take Renewed Downturn, Cryptos Hit By Strong Losses Across The Board

December 28, 2018
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • 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

Markets Take Renewed Downturn, Cryptos Hit By Strong Losses Across The Board

coinnewsdaily by coinnewsdaily
December 28, 2018
in Litecoin
0
Markets Take Renewed Downturn, Cryptos Hit By Strong Losses Across The Board
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

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

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

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

April 3, 2022

Friday, Dec. 28 — markets have taken a renewed plunge, with virtually all of the top 100 cryptocurrencies in the red and many high market cap alts seeing losses of between 5 and 12 percent, as data from Coin360 shows.

Market visualization by Coin360

Fourth-largest cryptocurrency Bitcoin Cash (BCH) has led the downturn, seeing a steep 12.15 percent loss on the day to trade at $126. Today marks a low-point on the alt’s 7-day chart, at the start of which it was trading over $220.

Bitcoin Cash 7-day price chart

Bitcoin Cash 7-day price chart. Source: Cointelegraph’s Bitcoin Cash Price Index

Bitcoin (BTC) has seen a more moderate loss of around 4 percent on the day, and is trading at $3,605 to press time. Having hit intra-week levels as high as around $4,230 on Dec. 23, the top coin’s renewed downturn have all but reversed recent gains and Bitcoin is back trading close to its value mid-December.

Bitcoin’s losses remain a mild 2.4 percent on the week and 3.6 percent on the month.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: Cointelegraph’s Bitcoin Price Index.

Second-largest crypto by market cap Ripple (XRP) is down over 5 percent on the day, according to Cointelegraph’s Ripple Price Index. Notwithstanding an intraweek spike to $0.45 on Dec. 23, Ripple has mostly been trading range bound between $0.35 – $0.39. The alt has today come close to the price point it held on Dec. 21 — weekly losses are at a mild 1 percent; on the month, the Ripple is down over 4 percent.

Ripple 7-day price chart

Ripple 7-day price chart. Source: Cointelegraph’s Ripple Price Index.

Ethereum (ETH), ranked third by market cap, is down over 7 percent and trading at $115 at press time. Following intra-week highs of over $150, the alt has virtually come full circle on the week, reversing recent growth.

Ethereum’s 7-day price chart

Ethereum’s 7-day price chart. Source: Cointelegraph’s Ethereum Price Index

Among the top ten coins on CoinMarketCap, Bitcoin SV (BSV) has shed close to 11 percent on the day to trade at $83.20. EOS (EOS), Stellar (XLM) and Litecoin (LTC) have all shed 6-7 percent on the day.

Among the top twenty, Ethereum Classic (ETC) and Nem (XEM) are down the most, shedding 8.3 and 9.2 percent at $4.82 and $0.06 respectively.  Dash (DASH), Cardano (ADA) and Tron (TRX) are all down over 7 percent — the strongest 24-hour performer is IOTA (MIOTA), which is down a milder 3.8 percent on the day at $0.31.

Total market capitalization of all cryptocurrencies is at around $120.4 billion as of press time — down from an intraweek high of over $146.5 billion on Dec. 24.

7-day chart of total market capitalization of all cryptocurrencies

7-day chart of total market capitalization of all cryptocurrencies from CoinMarketCap



Credit: Source link

Tags: Litecoin
Share76Tweet48
Previous Post

Building With the Enemy: It’s the Crypto Network That Makes Us Strong

Next Post

Singapore Crypto Exchange, BiTrue Set To Add XRP as Base Currency

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

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
Bull or bear market, creators are diving headfirst into crypto
Alt Coin

Bull or bear market, creators are diving headfirst into crypto

April 2, 2022
crypto listing and delisting announcements: week 9
Alt Coin

Crypto Listing and Delisting Announcements: Week 9

February 28, 2022
unstable markets how to invest in cryptocurrency
Alt Coin

How to invest in cryptocurrency when the market is uncertain, explained

December 21, 2021
be your own banker secrets
Alt Coin

Bitcoin and Crypto Wallet Hygiene 101

November 22, 2021
Load More
Next Post
Singapore Crypto Exchange, BiTrue Set To Add XRP as Base Currency

Singapore Crypto Exchange, BiTrue Set To Add XRP as Base Currency

Categories

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

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

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

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

  • bitcoinBitcoin(BTC)$23,553.00-1.15%
  • ethereumEthereum(ETH)$1,647.28-1.39%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$324.04-1.65%
  • rippleXRP(XRP)$0.412356-0.15%
  • cardanoCardano(ADA)$0.402010-0.12%
  • dogecoinDogecoin(DOGE)$0.092156-1.53%
  • matic-networkPolygon(MATIC)$1.19-3.67%
  • okbOKB(OKB)$39.65-1.02%
  • solanaSolana(SOL)$24.48-1.82%
  • polkadotPolkadot(DOT)$6.723.16%
  • shiba-inuShiba Inu(SHIB)$0.0000123.54%
  • litecoinLitecoin(LTC)$98.90-1.58%
  • tronTRON(TRX)$0.0647221.83%
  • daiDai(DAI)$1.00-0.01%
  • cosmosCosmos Hub(ATOM)$14.73-0.83%
  • chainlinkChainlink(LINK)$7.14-1.92%
  • ethereum-classicEthereum Classic(ETC)$23.272.93%
  • moneroMonero(XMR)$173.62-2.94%
  • leo-tokenLEO Token(LEO)$3.35-0.42%
  • bitcoin-cashBitcoin Cash(BCH)$137.53-0.57%
  • stellarStellar(XLM)$0.092634-0.53%
  • filecoinFilecoin(FIL)$5.53-3.13%
  • crypto-com-chainCronos(CRO)$0.080772-0.50%
  • algorandAlgorand(ALGO)$0.255723-0.07%
  • vechainVeChain(VET)$0.024692-0.74%
  • internet-computerInternet Computer(ICP)$5.81-3.16%
  • aaveAave(AAVE)$88.82-2.97%
  • eosEOS(EOS)$1.090.94%
  • elrond-erd-2MultiversX(EGLD)$45.312.38%
  • theta-tokenTheta Network(THETA)$1.090.40%
  • tezosTezos(XTZ)$1.120.91%
  • huobi-tokenHuobi(HT)$5.8611.26%
  • paxos-standardPax Dollar(USDP)$1.000.89%
  • bitcoin-cash-svBitcoin SV(BSV)$43.03-1.36%
  • havvenSynthetix Network(SNX)$2.51-4.81%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.12-3.40%
  • dashDash(DASH)$61.71-1.91%
  • iotaIOTA(MIOTA)$0.2349660.20%
  • neoNEO(NEO)$8.893.26%
  • makerMaker(MKR)$673.68-1.40%
  • zcashZcash(ZEC)$46.25-2.90%
  • zilliqaZilliqa(ZIL)$0.0288790.72%
  • basic-attention-tokenBasic Attention(BAT)$0.269468-1.09%
  • compound-governance-tokenCompound(COMP)$53.66-4.88%
  • nemNEM(XEM)$0.0401351.06%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$37.291.09%
  • bitcoin-goldBitcoin Gold(BTG)$17.02-2.23%
  • sushiSushi(SUSHI)$1.517.21%
  • qtumQtum(QTUM)$2.76-0.74%
  • wavesWaves(WAVES)$2.61-0.30%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • yearn-financeyearn.finance(YFI)$7,699.47-0.07%
  • golemGolem(GLM)$0.2519412.65%
  • omisegoOMG Network(OMG)$1.521.77%
  • ontologyOntology(ONT)$0.2174550.33%
  • digibyteDigiByte(DGB)$0.010935-2.45%
  • umaUMA(UMA)$2.09-0.54%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%