Bitcoin Moves Lower And Drags Market Down

Photo by Alexandru-Bogdan Ghita on Unsplash

Cryptocurrencies Move Lower

Of the 2,186 digital currencies monitored, the past 24 hours saw total market losses of ($6,881,823,112.00), as 69.37% of the currencies fell. The biggest impacts on the market came from Bitcoin (btc), Ethereum (eth), XRP (xrp), Bitcoin Cash (bch), and EOS (eos).

Crypto Market Winners and Losers

If we look across the 2,186 cryptocurrencies that we track, the biggest short-term winners were:

  • Printex (prtx), gained 582.57%, and has a market cap of 2.00 Bitcoins.
  • BROTHER (brat), gained 420.00%, with a market cap of 2.00 Bitcoins.
  • IceChain (ichx), gained 313.89%, and a market cap of 9.00 Bitcoins.
  • OPCoinX (opcx), gained 296.00%, and a market cap of 88 Bitcoins.
  • ShareX (sexc), gained 275.75%, and has a market cap of 407 Bitcoins.

On the downside, the biggest losers were:

  • RRCoin (rrc), lost -99.00%.
  • Cryptosolartech (cst), lost -89.92%.
  • BitGuild PLAT (plat), lost -89.77%.
  • Speed Mining Service (sms), lost -84.53%.
  • Credo (credo), lost -81.67%.

Bitcoin News

Bitcoin’s (BTC) value swung between a high of $8,039.90 and a low of $7,683.60 ending twenty four hours of trading at $7,827.08. The past 24 hours saw a loss of $3,078,399,869.00 in market cap. A month ago, Bitcoin traded $5,394.67. It has seen a -3.96% weekly decline, and in the last hour it has fallen -1.13%. Currently there are 17,716,275 Bitcoins in circulation, representing 84.36% of the final twenty-one million Bitcoins that can be mined. A total of 3,073,376 of these Bitcoins were traded in the past 24 hours.

In May Bitcoin started the month at $5,370.15 and swung between $5,219.76 and $8,305.28, closing the month at $7,974.50 on May 21.

Top 20 Crypto-Currency Coins

Examining the Top 20 cryptocurrencies by market capitalization, the top performer over the last 24 hours was Bitcoin SV (bsv) 2.20%, while the worst three performing cryptocurrencies were NEM (xem) -7.40%, NEO (neo) -6.93%, Tezos (xtz) -6.36%.

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 widely across exchanges, so always check your local exchange for current rates.


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