How Low Will Bitcoin Go? Mid-Week Crypto Report
Bitcoin (BTC) gave up it's small gains from yesterday and dropped down to teeter on the edge of the $6,000 support level. Many experts are predicting another drop is imminent which might bring Bitcoin down to around the $5,800 level. Bitcoin is down 1.67% over the past 24 hours. It's currently trading at $6,099.99 on Coinbase. Tether (USDT) the stable coin pegged to the U.S. dollar continued to move up in size of market cap unseating IOTA to become the 9th largest coin as many people have cashed out their alt coins into Tether while expecting the market to continue its downslide.
Here's what's going on in the crypto markets today;
Top cryptocurrencies by market cap:
#Ethereum (ETH) is down 2.53% and is currently trading at $439.12
#Ripple (XRP) is down 3.29% and is currently trading at $0.463405 #Bitcoin Cash (BCC) is down 5.11% and is currently trading at $707.55 #EOS (EOS) is down 4.97% and is currently trading at $7.67 #Litecoin (LTC) is down 3.74% and is currently trading at $78.23
#Stellar (XLM) is up 3.99% and is currently trading at $0.186447
#Cardano (ADA) is down 4.79% and is currently trading at $0.126381 #Tether (USDT) is up 0.31% and is currently trading at $0.996811
#IOTA (MIOTA) is down 2.95% and is currently trading at $0.963785
#Tron (TRX) is down 4.76% and is currently trading at $0.039011
Today's top % gainers:
#Monaco (MCO) is up 12.81% and is currently trading at $5.70
#Qtum (QTUM) is up 8.90% and is currently trading at $9.02
#Nebulas (NAS) is up 7.54% and is currently trading at $4.92
#Fusion (FSN) is up 5.82% and is currently trading at $3.08
#Monero (XMR) is up 2.41% and is currently trading at $129.11
Today's biggest % losers:
#Veritaseum (VERI) is down 14.22% and is currently trading at $42.66
#Populous (PPT) is down 13.61% and is currently trading at $5.78 #Bitcoin Private (BTCP) is down 10.69% and is currently trading at $10.71
#WaykiChain (WICC) is down 9.85% and is currently trading at $0.553261
#Waltonchain (WTC) is down 9.56% and is currently trading at $5.88