The Bears Take Control & Knock Bitcoin Down To $7,200, Dragging The Rest Of The Market Down With

Many analysts had been expecting a big jump either to the upside or downside over the weekend and on Saturday night they were proven correct when the bears took control and knocked Bitcoin (BTC) down from $7,600 to around $7,200 in less than two hours, dragging the rest of the cryptocurrency market down with it. Bitcoin is down 5.32% over the past 24 hours and is currently trading at $7,246.27 on Coinbase. Many are worried this could precipitate a drop to the $6,000 level.

Here's what's going on in the crypto markets today;

Top cryptocurrencies by market cap:

#Ethereum (ETH) is down 6.29% and is currently trading at $568.64 #Ripple (XRP) is down 7.82% and is currently trading at $0.620690 #Bitcoin Cash (BCC) is down 8.54% and is currently trading at $1,028.41 #EOS (EOS) is down 9.5% and is currently trading at $13.24 #Litecoin (LTC) is down 5.72% and is currently trading at $113.22

#Stellar (XLM) is down 7.38% and is currently trading at $0.266491 #Cardano (ADA) is down 7.98% and is currently trading at $0.189960 #IOTA (MIOTA) is down 11.51% and is currently trading at $1.51

#Tron (TRX) is down 8.69% and is currently trading at $0.053494

Today's top % gainers:

Sorry, nothing's up today :( But, be patient, the bull market is coming.

Today's biggest % losers:

#Skycoin (SKY) is down 15.71% and is currently trading at $18.40

#Enigma (ENG) is down 14.77% and is currently trading at $1.62

#IOST (IOST) is down 14.49% and is currently trading at $0.034256

#DigixDAO (DGD) is down 13.8% and is currently trading at $137.64

#Theta Token (THETA) is down 13.58% and is currently trading at $0.192346

These alt coins can be bought and sold at #Binance, #HitBTC, #Changelly, and #Gate.IO

#todayscryptoreport