Red Day in the Crypto Market
Cryptocurrencies

Red Day in the Crypto Market

Today was a red day in the crypto market with most of the cryptocurrencies trading at a lower price than yesterday.

Going in a descending order by the market cap at the time of writing this article, Bitcoin (BTC), has a market cap of 149,521,692,836 USD and is now trading at 8,781.26 USD with a negative change of 6.14 percent in the last 24 hours.

Following BTC, Ethereum (ETH) currently has a market cap of 69,219,902,830 USD and is now trading at 696.61 USD with a negative change of 8.76 percent in the last 24 hours.

Other cryptocurrencies have had it worse.

Ripple (XRP) is trading at 0.692193 USD—a negative change of 13.58 percent in the last 24 hours—with a market cap of 27,118,916,956 USD while Bitcoin Cash (BCH) is trading at 1,405.31 USD with a market cap of 24,061,313,793 USD—a negative change of 15.43 percent in the last 24 hours.

EOS (EOS) currently has a market cap of 13,070,028,144 USD and is now trading at 15.40 USD with a negative change of 14.99 percent in the last 24 hours while Litecoin (LTC) is trading at 143.01 USD—a negative change of 9.53 percent in the last 24 hours—with a market cap of 8,077,618,447 USD.

Next up, we have Cardano (ADA) with a market cap of 6,904,301,103 USD—trading at 0.266297 USD—with a negative change of 16.45 percent. Among the top ten cryptocurrencies in the crypto market (in terms of market cap), Cardano has been the one with the highest amount of negative change in the last 24 hours.

Stellar (XLM) is trading at 0.319170 USD with a market cap of 5,928,972,392 USD—a negative change of 15.37 percent. Followed closely by Stellar, we have IOTA (MIOTA) which has a market cap of 5,350,984,929 USD—trading at 1.93 USD—with a negative change of 15.30 percent.

TRON (TRX) currently has a market cap of 4,484,369,679 USD and is now trading at 0.068205 USD with a negative change of 15.35 percent.

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.