• Latest
Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses

Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses

September 21, 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

Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses

coinnewsdaily by coinnewsdaily
September 21, 2018
in Litecoin
0
Scattered Gains Bring Respite after Midweek Crash, But Many Alts Continue to See Losses
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, September 7: after the midweek bloodbath, crypto markets have slightly stabilized today, although many coins continue to shed value, as Coin360 data shows.

Market visualization from Coin360

Bitcoin (BTC) is trading at around $6,430 at press time, down just under one percent on the day, according to Cointelegraph’s Bitcoin Price Index.

Despite a bullish start to September, Bitcoin’s price decline set in this Wednesday, September 5. Since then, the leading cryptocurrency has spiralled downwards from a high of $7,391 to over $1,000 less at its intraday low today at $6,354.

The coin is now a stark 16 percent down on its weekly chart. On the month, Bitcoin nonetheless remains up by around 7.3 percent.

Bitcoin’s 7-day price chart

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

Ethereum (ETH) has tumbled to around $216 at press time, losing just over 3 percent on the day. As with Bitcoin, Ethereum started September strong, briefly brushing the $300 price point September 1 before this week’s price plummet.

On its weekly chart, Ethereum is down just over 23 percent, with monthly losses around 46 percent.

Ethereum’s 7-day price chart

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

Among the other top ten coins on CoinMarketCap, only three are in the green, though losses are capped below 3 percent. After Ethereum, Bitcoin Cash (BCH) is down the most, seeing 2.77 percent losses on the day to trade at just under $500.  

Stellar (XLM) is the only top ten crypto to see solid growth, up 4 percent on the day to trade at around $0.207. While it still remains shy of its intraweek high at almost $0.24, XLM-BTC has seen a solid bounce back to its trading levels before the mid-week market plunge set in September 5.

Stellar’s 7-day price chart

Stellar’s 7-day price chart from CoinMarketCap

Among the top twenty coins, all but two assets are seeing mixed reds and greens in the 1 percent range, showing the coins are holding steady over the past 24 hours to press time.  

Dash (DASH), ranked 12th by market cap, has soared almost 6.46 percent on the day to trade around $185.56, although it is still trading almost 16 percent lower than its value ($220.50) during early trading hours September 5.

Dash’s 7-day price chart from CoinMarketCap

The other exception among top twenty coins is Dogecoin (DOGE), ranked 20th, which is up around 6 percent on the day, capping a week of extraordinary price volatility.

Dogecoin's 7-day price chart

Dogecoin’s 7-day price chart from CoinMarketCap

Total market capitalization of all cryptocurrencies is around $203.5 billion at press time, down over $35 billion from its intraweek high of around $240 billion.

7-day chart of the total market capitalization of all cryptocurrencies

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

Even as the markets tumble, fresh data from management and technology consulting firm GreySpark has found that volumes on crypto marketplaces have burgeoned in 2018, with the U.S. dollar the most actively traded fiat against cryptocurrencies.

Responding to this week’s grim market movements, crypto Twitter has actively mulled the possible impact and price correlation surrounding reports that Goldman Sachs was rolling back their plans to open a crypto trading desk. The banking giant’s CFO refuted the rumors in a statement September 6, calling them “fake news” and affirming the company’s plans were on track.



Credit: Source link

Share76Tweet48
Previous Post

Major Mining Pool F2Pool Publishes List of Minimum Prices for Profitable Crypto Mining

Next Post

Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet

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
Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet

Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet

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)$22,829.00-1.54%
  • ethereumEthereum(ETH)$1,566.25-3.24%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$303.22-1.22%
  • rippleXRP(XRP)$0.406033-2.08%
  • cardanoCardano(ADA)$0.373639-2.15%
  • dogecoinDogecoin(DOGE)$0.085281-2.35%
  • matic-networkPolygon(MATIC)$1.098.91%
  • solanaSolana(SOL)$23.76-4.37%
  • okbOKB(OKB)$35.68-1.50%
  • polkadotPolkadot(DOT)$6.38-1.04%
  • shiba-inuShiba Inu(SHIB)$0.000011-2.19%
  • litecoinLitecoin(LTC)$87.01-2.63%
  • tronTRON(TRX)$0.061747-0.24%
  • daiDai(DAI)$1.00-0.03%
  • cosmosCosmos Hub(ATOM)$12.85-3.73%
  • chainlinkChainlink(LINK)$7.071.35%
  • leo-tokenLEO Token(LEO)$3.712.57%
  • moneroMonero(XMR)$170.48-1.75%
  • ethereum-classicEthereum Classic(ETC)$21.53-1.62%
  • bitcoin-cashBitcoin Cash(BCH)$133.020.59%
  • stellarStellar(XLM)$0.090926-1.70%
  • crypto-com-chainCronos(CRO)$0.079517-2.41%
  • filecoinFilecoin(FIL)$5.35-2.67%
  • algorandAlgorand(ALGO)$0.241557-1.69%
  • vechainVeChain(VET)$0.0235641.92%
  • internet-computerInternet Computer(ICP)$5.71-2.70%
  • aaveAave(AAVE)$86.210.21%
  • eosEOS(EOS)$1.100.21%
  • elrond-erd-2MultiversX(EGLD)$43.29-1.96%
  • theta-tokenTheta Network(THETA)$1.04-3.27%
  • tezosTezos(XTZ)$1.08-2.64%
  • paxos-standardPax Dollar(USDP)$1.00-0.21%
  • bitcoin-cash-svBitcoin SV(BSV)$44.628.61%
  • huobi-tokenHuobi(HT)$5.03-1.24%
  • havvenSynthetix Network(SNX)$2.36-4.59%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.93-1.28%
  • iotaIOTA(MIOTA)$0.2305011.27%
  • zcashZcash(ZEC)$45.59-0.12%
  • makerMaker(MKR)$649.02-3.40%
  • neoNEO(NEO)$8.080.69%
  • dashDash(DASH)$50.900.57%
  • zilliqaZilliqa(ZIL)$0.027596-2.50%
  • basic-attention-tokenBasic Attention(BAT)$0.255906-1.05%
  • compound-governance-tokenCompound(COMP)$52.420.60%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • nemNEM(XEM)$0.038090-0.79%
  • kusamaKusama(KSM)$34.39-1.78%
  • bitcoin-goldBitcoin Gold(BTG)$17.563.21%
  • qtumQtum(QTUM)$2.590.50%
  • golemGolem(GLM)$0.2622829.79%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • sushiSushi(SUSHI)$1.30-1.28%
  • yearn-financeyearn.finance(YFI)$7,410.68-2.49%
  • wavesWaves(WAVES)$2.382.26%
  • omisegoOMG Network(OMG)$1.44-0.59%
  • ontologyOntology(ONT)$0.2141120.68%
  • digibyteDigiByte(DGB)$0.011010-0.22%
  • umaUMA(UMA)$2.03-2.65%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%