Today's Crypto Report
Here's what's going on in the crypto markets today:
Bitcoin (BTC) and most other cryptocurrencies are trading sharply lower over the past 24 hours, with bitcoin looking at it's worst daily decline in three weeks.
The cryptocurrency markets are down 5.82% over the past 24 hours with the total market cap sitting around $275 billion. Bitcoin dominance has continued to rise to 48% which has been dragging down the price of many alt coins. Bitcoin is currently down 5.70% over the past 24 hours and is trading at $7,688.82 on Coinbase. BTC broke out of a short term trading channel between $7,800-$8,300 and will possibly test the next lower support levels at $7,600, $7,400, and $7,200. If BTC finds stability where it sits now, an expected recovery to around $8,400 is possible in the short term.
Top cryptocurrencies by market cap:
#Bitcoin (BTC) is down 5.58% and is currently trading at $7,688.82
#Ethereum (ETH) is down 5.03% and is currently trading at $432.33
#Ripple (XRP) is down 2.57% and is currently trading at $0.432097 #Bitcoin Cash (BCH) is down 5.51% and is currently trading at $766.36 #EOS (EOS) is down 5.73% and is currently trading at $7.26 #Stellar (XLM) is down 6.79% and is currently trading at $0.272502
#Litecoin (LTC) is down 3.84% and is currently trading at $79.27
#Cardano (ADA) is down 7.44% and is currently trading at $0.140176
#IOTA (MIOTA) is down 3.65% and is currently trading at $0.930246
#Tether (USDT) is up 0.08% and is currently trading at $0.999887
#Tron (TRX) is down 6.75% and is currently trading at $0.033354
#Monero (XMR) is down 7.93% and is currently trading at $122.17
#NEO (NEO) is down 7.20% and is currently trading at $29.73
Today's top % gainers:
#BitClave (CAT) is up 481.95% and is currently trading at $0.033290
#WABnetwork (WAB) is up 42.60% and is currently trading at $0.001222
#Hydro (HYDRO) is up 33.28% and is currently trading at $0.005662
#Namecoin (NMC) is up 31.38% and is currently trading at $2.78
#PolySwarm (NCT) is up 30.67% and is currently trading at $0.003086
Today's biggest % losers:
#Artex Coin (ATX) is down 63.47% and is currently trading at $0.000153 #FundToken (FUNDZ) is down 50.12% and is currently trading at $0.009552
#MSD (MSD) is down 34.53% and is currently trading at $0.005599
#UpToken (UP) is down 32.49% and is currently trading at $0.064798
#Patron (PAT) is down 30.59% and is currently trading at $0.017751
Have an awesome rest of your day!!!!!!!!!
About the writer: Ava Lauren
As an expert on cryptocurrency related topics, I've found myself working as a Journalist at TheCryptoCoinCenter.com. I write articles related to bitcoin and other cryptocurrencies. Email me