Market Tumbles as Bitcoin Price Approaches US$11,000

For some investors, these past 24 hours have represented a state of panic, as cryptocurrency markets are experiencing a major drawback after an explosive December and first half of January. With Bitcoin down over 20%, only one coin on the top 100 outside of Tether (USDT) has maintained its dollar value in the wake of the current Bitcoin dump.

Neblio (NEBL) is the only currency in the top 100 on Coinmarketcap that has appreciated in the past 24 hours, gaining 1% in USD to achieve a price of US$23.86. Beyond that, only 22 of the other 99 currencies on the front page have outperformed Bitcoin. Fortunately, Bitcoin has maintained value above the 10k support, and has only spent small amounts of time below US$11,000.

Full article: https://themerkle.com/market-tumbles-as-bitcoin-price-approaches-us11000/