Sunday Bloody Sunday - Crypto Markets Plunge Over The Weekend After Another Major Exchanged Is Hacke
A tweet from Coinrail, a large South Korean cryptocurrency exchange, confirming a hack where about 40 billion won (£27.8m) worth of virtual coins were stolen, sent the cryptocurrency markets tumbling over the weekend with Bitcoin (BTC) losing over 10% in less than an hour dragging most other cryptocurrencies down with it causing most to record very large losses. It's down 6.4% over the past 24 hours and is currently trading at $6,793.68 on Coinbase. Many experts are conflicted as to whether Bitcoin will now drop to the $6,000 support level or whether it will quickly rally and bounce back to $7,600 or higher.
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 $533.46 #Ripple (XRP) is down 6.38% and is currently trading at $0.583381 #Bitcoin Cash (BCC) is down 9.01% and is currently trading at $935.93 #EOS (EOS) is down 15.13% and is currently trading at $11.23 #Litecoin (LTC) is down 5.22% and is currently trading at $107.35
#Stellar (XLM) is down 6.83% and is currently trading at $0.248708 #Cardano (ADA) is down 8.11% and is currently trading at $0.175250 #IOTA (MIOTA) is down 7.64% and is currently trading at $1.39
#Tron (TRX) is down 11.77% and is currently trading at $0.047433
Today's top % gainers:
#Veritaseum (VERI) is up 15.65% and is currently trading at $82.01
#Theta Token (THETA) is up 7.35% and is currently trading at $0.207655
#Bitbox Token (BIX) is up 3.73% and is currently trading at $1.57
Today's biggest % losers:
#Waykichain (WICC) is down 21.14% and is currently trading at $1.27
#Skycoin (SKY) is down 20.48% and is currently trading at $14.54 #Cortex (CTXC) is down 16.23% and is currently trading at $0.920770
#EOS (EOS) is down 15.13% and is currently trading at $11.23
#Nano (NANO) is down 14.56% and is currently trading at $3.09
