The cryptomarket fall: losses as high as 10%, the price of Bitcoin falls below $ 8K

in #bitcoin7 years ago (edited)

The crypto markets are seeing significant losses across the table, with the top ten currencies per market capitalization in red, as shown by the Coin360 data.
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Bitcoin (BTC) is trading around $ 7,846 at the time of this edition, dropping more than 4 percent during the 24-hour period. The volume of commercialization of the BTC has hovered between 5 and 6 billion during the past week, significantly below the volumes at the beginning of this month.
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Ethereum (ETH) has seen a loss of almost 10 percent during the 24-hour period, trading at $ 618 at the time of this edition. The decline brings a negative change to the monthly value of the altcoin, threatening to reverse what have been staggering monthly gains of more than 100 percent in early May.
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Other major altcoins (including Cardano, IOTA, TRON, and EOS) are seeing periods of 24-hour losses between 8 and 11 percent, according to data from Coinmarketcap.