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Just when the cryptocurrency market recovered from its lows of 2018 and peaked in 2019 [today]everything rocked. Everything, from Bitcoins to other crypto-currencies, has crashed over the past hour.
Source: Coinmarketcap | The accident of one hour seen on Coinmarketcap
Bitcoin, despite experiencing a 6.3% crash in the last hour, EOS, Litecoin, Ethereum and Bitcoin Cash have lost double-digit value. In addition, after experiencing a 30% rise over the past week, EOS has experienced a massive crash today.
Bitcoin, at the time of the press, was trading at $ 3876, recovering after reaching a minimum at $ 3853 [BTCUSD:BITFINEX]. Bitcoin went from $ 4,200 to $ 3,800 in just under an hour. CoinMarketCap reported high volumes of Bitmex transactions.
Commercial volume of Bitcoin
Many members of the community have already begun to understand it.
"Bitcoin manipulation! (The green candles obviously because it's only manipulation when it goes up. "
– WhalePanda (@WhalePanda) on February 24, 2019
The stiff Ethereum range has been postponed until later this month, but the coin has seen a significant increase in its price despite this news. Earlier this month, Feb. 6, ETH traded at $ 102 / ETH and began rising after two days to reach a high of $ 170 on Bitfinex today. Ethereum, at the time of the press, was trading at $ 143 / ETH.
Source: TradingView | Ethereum crush today
EOS, which has experienced monumental growth over the past week, recorded only USD 2.3 / EOS earlier this month. During last week's mini-bull race, EOS reached its highest level in 2019, at $ 4.5 today, just before the price starts to fall.
Source: Tradingview | EOS Crashing in the last hour
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