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Crypto markets suffered a sharp reversal on Sunday, as total market capitalization of all parts fell by more than $ 13 billion in just two hours, from $ 141.83 billion to $ 128.39 billion, according to CoinMarketCap .
Bitcoin plunged below $ 4K, down 3.67% to $ 3,807 at the time of publication, according to Coin360. In the top of the coin by market capitalization, Litecoin was the one that fell the most, down 9.73% to $ 43.68.
• Stellar down 8.91% to $ 0.0824
• Ethereum down 6.56% to $ 137.80
• EOS down 6.39% to $ 3.59
• Binance Coin down 6.29% to $ 9.79
• Bitcoin Cash down 6.23% to $ 131.41
• XRP down 5.6% to $ 0.3016
• Reduce from 4.89% to $ 0.0236
The crypto analyst, Joseph Young, says he could not believe his eyes when the bottom collapsed.
When Binance alerted me, Bitcoin cost less than $ 3,800, I thought it was a visual bug.
There is no market as unpredictable as crypto pic.twitter.com/6s8ioL1vUn
– Joseph Young (@iamjosephyoung) February 24, 2019
Meanwhile, technical analyst DonAlt calls this a classic weekend dump. You can watch his livestream below.
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