Most coin are in RED,crypto market is facing a downfall....

in #cryptocurrency7 years ago

After a big drop of 11 jan market capital upto $630 bln the market is still recovering and currently around $690 bln.
The coinmarket of top 20 coins only 3 coins are in green and all are in red.

Ripple (XRP), which had been up 18 percent as recently as Jan. 12, showed about a 10 percent loss over a 24-hour period to press time.

The largest drop today is altcoin RaiBlocks, down around 16 percent over 24 hours and in 20th on CoinMarketCap.RaiBlocks’s fall could be attributed to recent reports of a compromised web wallet for the altcoin, which has since been taken offline.

The only gains are:

#1 Ethereum Classic (ETC) has seen the most growth over 24 hours, up more than 17 percent and selling for $44.32 at press time.


#2 Neo also saw a small rise, growing almost three percent over 24 hours and selling for $137.45 at press time.


#3 Bitcoin Gold also slightly up with 0.37 percent growth over 24 hours and selling for $297.98 at press time.

Bitcoin is down about seven percent over 24 hours and is trading at press time for an average of $13,474.70, higher than the Dec. 22 market low price of $12,850.