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Adrian Zmudzinski published an article on Cointelegraph briefly badyzing price movements in the cryptocurrency market, including that of Bitcoin. He notes that all 20 of the largest cryptocoins experienced moderate to significant losses in the 24 hours before his article was published. He points out that the price of Bitcoin was still around US $ 3,550 when his article was published, according to the data of Coin 360. In fact, it has dropped below $ 3,500 since.
At the time of the press, Bitcoin was down more than 4% on the day and trading at $ 3,587. The current price is lower than last Sunday when it was $ 3,673.
Other cryptocurrencies
Ripple (XRP) has also fallen by more than 3% so far. It was trading around $ 0.321 at the time of going to press. This price is less than $ 0.332 at which XRP started the week. It also dropped from the high of $ 0.337 recorded mid-week on January 14th.
Ethereum (ETH) or Ether has also seen a decline of more than 4% in the last 24 hours. At the time of going to press, it was trading at $ 119 after opening the day at about $ 125. The current price of $ 119 is lower than the price of $ 125 negotiated a week ago.
Other losing cryptographic currencies include IOTA, which lost nearly 7%, plus NEO, Cardano and BItcoin Cash, which lost 6%.
The total market capitalization of all crypto-currencies has also declined to about $ 119.7 billion. That's $ 122.5 billion last week.
Current situation
24 hours ago, Bitcoin was trading at $ 3,697, according to CoinDesk data. Since then, it has reached $ 3,701, but then dropped to $ 3,490. At 16:25 Central Standard Time, he recovered slightly at $ 3,547. However, it is down more than $ 150 a day, just over 4%. The current price of Bitcoin can be found here.
On Coinbase, the ETH was trading at $ 117.70 a bit more expensive at 6 pm, I guess in Central Standard Time. It is down more than 4% on the day.
On Coinmarketcap, the XRP was at 0.3215 USD at 18:40 UTC, down just over 4% on the day.
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