Bitcoin falls back below $ 3,600 as most high-level cryptos suffer small losses



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Sunday, January 27 – most of the top 20 cryptographic currencies recorded slight losses that day at the time of the press. Bitcoin (BTC) is trading again at less than $ 3,600, according to Coin360 data.

Market Visualization

Visualization of the Coin360 market

According to CoinMarketCap, Bitcoin is down nearly 2% that day, trading around $ 3,562. Looking at his weekly chart, the current price is about $ 100 less than $ 3,655, the price at which Bitcoin started the week.

7-day Bitcoin price chart

Bitcoin price chart over 7 days. Source: CoinMarketCap

Ripple (XRP) has lost more than 2.5% of its value in 24 hours and is currently trading at around 0.308 dollar. On his weekly chart, the current price is less than $ 0.325, the price at which XRP started the week.

Price chart for 7 days of ripple

Price chart for 7 days of waving. Source: CoinMarketCap

The second largest Ethereum altcoin (ETH) has also seen its value decrease by almost 2.5% in the last 24 hours. At the time of the press, the ETH is trading at $ 114, after starting the day at about $ 2 more. On the weekly chart, Ethereum's current value is less than $ 121, the price at which the coin started the week.

Ethereum price chart 7 days

Ethereum price chart 7 days. Source: CoinMarketCap

Among the 20 largest cryptographic currencies, only Tron (+ 9%) and Binance Coin (BNB) – up more than 2.5% on the day are growing.

The combined market capitalization of all cryptocurrencies – currently equating to about $ 119.1 billion – is just under $ 121.6 billion, which is the value reported a week ago.

7-day chart of the total market capitalization of the crypto-market

7-day chart of the total market capitalization of the crypto-market. Source: CoinMarketCap

As Cointelegraph recently reported, a link to a localBitcoins phishing clone site was placed on the official LocalBitcoins forum earlier this week, but the attack would have been halted ever since.

Also this week, crypto-critical critic Nouriel Roubini said at a conference in Blockchain that the technology was "no better than an Excel spreadsheet". $ 20,000 in December 2017.

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