Overall, the cryptocurrency market was down over the course of the week with bitcoin (BTC) losing around 10 percent of value and
most major altcoins dropping 10 to 15 percent.
The cryptocurrency market pivoted lower this week, as bitcoin and
most major altcoins experienced a broad correction.
Thursday saw a major but short lived correction in Bitcoin's sudden rise to $ 1100 and once the price dropped below $ 10,000 people started dumping alt - coins bringing down the price of
most major altcoins.
The cryptocurrency market pivoted lower this week, as bitcoin and
most major altcoins experienced a broad correction.
Not only do we accept antiquated payment methods such as PayPal and credit cards, we also accept Bitcoin and
most major altcoins such as Dash, ZCash, Monero, Litecoin, and Dogecoin.
Not exact matches
NEO and IOTA, last week's leading
altcoins are even more in the red today, but they remain positive concerning the long - term setup, just as the still struggling Dash and Litecoin, with Ethereum Classic being the
most doubtful
major even after last week's strong showing.
It's been a two - faced session in the cryptocurrency segment, as the
most valuable coin drifted lower in a choppy fashion, while several
major altcoins posted lofty...
The next 10 days could see some of the capital flowing back into
altcoins as people start slowly accumulating before the fork but for the
most part alt - coins are expected to see
major recovery only after the fork after people have acquired the free Segwit2x coins which is currently trading as futures on Bitfinex at 2X / BTC = 0.17; 1X / BTC = 0.83 of the value of Bitcoin.
The
major coins had another bearish session, despite another weak intraday bounce, as
most of the
majors are sporting small losses, with the largest
altcoins still underperforming Bitcoin.
In the past 24 hours,
most of the
major altcoins have gained value, but Bitcoin has declined by 5 %.
Despite the silliness, this meme coin grew in value rather quickly and is currently traded on
most major exchanges that deal in
altcoins.
Ethereum was not the only
major altcoin to lag the index on Tuesday, but
most managed to beat it once the market turned the corner.
Correlation between the
majors spiked higher during today's move, but although
most of the coins are moving in a synchronized fashion, the technical position of some of the
altcoins is different.
What that means, in Green's estimation, is that
major market players and
altcoins with legitimate value are set to see the
most interest from core cryptocurrency proponents and institutional investors.
Most of the
major altcoins are moving in lock - step, there are similar areas of key support that are see across the board.
The tide has turned in the cryptocurrency segment today, as the recent short - term trends reversed with
most of the
major altcoins losing significant ground, led by Ripple, while Bitcoin advancing after a period of underperformance.