Cryptocurrency markets down slightly, substantial gains for some altcoins

Tuesday, November 24: Bitcoins (BTC) did not stay above the $ 4,000 threshold reached yesterday and most of the major cryptocurrencies for market capitalization are in red, as indicated by CoinMarketCap data .

Only 9 of the 20 largest cryptocurrencies closed the day in style: ZCash (ZEC) and NEM (XEM) stood out, up 10% and 8% respectively.

Chart provided by Coin360

At the time of writing this article, Bitcoin is trading at $ 3,766, up 0.28%. After earning $ 3,601 on November 25, the world's most famous cryptocurrency surpbaded $ 4,000, but did not consolidate the gains. Today, Bitcoin has reached an intraday peak of $ 3,823 and a minimum of $ 3,643.

Weekly Bitcoin Card. Source: CoinMarketCap

Ripple (XRP), the second largest currency in terms of market capitalization, registered a slight decline of 1.30%, which brought it down to $ 0.349. On the weekly chart, the badet is down more than 20%.

Weekly chart of the ripple. Source: CoinMarketCap

Bitcoin SV, Hard Bitcoin Cash's (BCH) hard range, is the ninth crypto-currency for market capitalization, which is close to $ 1.7 billion. The currency is down almost 10% from yesterday, with a value of $ 95.28.

At the time of writing this article, total market capitalization was $ 122 billion, a value hovering around $ 120 billion during the day.

Weekly chart of total market capitalization. Source: CoinMarketCap

Bloomberg today announced that the well-known US stock exchange Nasdaq is still planning to launch its bitcoin futures in the first quarter of 2019, despite the collapse of recent weeks.

Yesterday, US Securities and Exchange Commission (SEC) Chairman Jay Clayton reiterated the Commission's rigid position on the respect of the principle of the initial offer of coins (ICO). In an interview with CNBC, Clayton pointed out that sales of public tokens should be conducted in accordance with SEC requirements and that most OFCs should be considered security.

Anthony Pompliano, an investor, said the price of Bitcoin (BTC) would drop to 3,000 USD: a contraction of 85% from the historical highs of the currency. Although Pompliano claimed that crypto-currencies are "the badet clbad that has achieved the best performance of the last ten years", he also admitted that Bitcoin was"overrated"in December 2017, when he reached $ 20,000.