Crypto Currencies Lose Steam
Of the 1,665 digital currencies we monitor, the past 24 hours saw total market losses of $896,431,631, as 90% of currencies fell. The biggest impact on the market came from Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Zcash (ZEC).
Bitcoin (BTC) swung between a high of $5,056.27 and a low of $4,303.50 ending twenty four hours of trading at $4,358. This equates to a loss of $880,524,899.00 in market cap. It has seen a -31% weekly decline, and in just the last hour bitcoin has fallen -1.49%. Currently there are 17,386,150 bitcoins in circulation, representing 83% of the final twenty-one million bitcoins that can be mined. 1,881,079 of these bitcoins were traded in the past 24 hours.
In November Bitcoin started the month at $6,341 and swung between $4,796 and $6,556, closing at $4,838 on November 19.
Top 20 Crypto-Currency Coins
Examining the top 20 crypto currencies (ranked by market capitalization), none of the coins rose while the worst three performing were Bitcoin Cash (BCH) -33.28%, Bitcoin Gold (BTG) -23.21%, Cardano (ADA) -16.39%.
Crypto Market Winners and Losers
If we look across the 1,665 crypto currencies (that we track), the biggest short term winners were:
- BBSCoin (BBS), gained 726%, and sports a market cap of 246 Bitcoins.
- Alpha Coin (APC), gained 486%, and sports a market cap of 6.00 Bitcoins.
- EagleX (EGX), gained 370%, and a market cap of 25 Bitcoins.
- Block-Chain.com (BC), gained 354%, and sports a market cap of 313 Bitcoins.
- Veros (VRS), gained 182%, with a market cap of 202 Bitcoins.
On the downside, the biggest losers were
- dietbitcoin (DDX), lost 96%.
- Hubii Network (HBT), lost 75%.
- Abulaba (AAA), lost 70%.
- Wispr (WSP), lost 70%.
- Blockpool (BPL), lost 65%.
Cryptocurrencies are traded day and night, so instead of covering a market session, we cover the last 24 hours of trading. Remember, prices on Cryptocurrencies can vary quite a bit across exchanges, so always check your local exchange for current rates.
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