Red Monday - The sale of Altcoin accelerates 2

Red Monday – The sale of Altcoin accelerates

Red Monday - The sale of Altcoin accelerates 3

The crypto markets are down today: BSV, XRP and Tron lose, only Litecoin and NEO remain afloat.

Markets at a glance

At the beginning of the new trading week, the crypto markets are in red. Most of the big coins are down – Bitcoin has not managed to make a profit and exceed the limit of $ 8,000. Total market capitalization has fallen below $ 250 billion and will continue to decline as sales increase.

Bitcoin has lost 2.5% today, rising from just under $ 8,000 to $ 7,500. BTC rebounded slightly at the start of Asian trade, but is still down on trading days at around $ 7,700. The candle of the week, which recorded the largest drop since December (nearly 11%), recorded a sharp decline.

As expected, Ethereum does not grow better. ETH is losing more than 3% and now stands at $ 235. Significant support is around $ 210 – and that could be achieved soon if analysts were right.

The rest of the top 10 is in the red, the losses are increasing. Bitcoin SV dropped the most to more than 6% to fall to 183 USD, followed by XRP to more than 4%, the ripple token again falling below 0.40 USD. Bitcoin Cash, Binance Coin and Stellar do not get any better. The litecoin has remained stable, the FOMO (half division) is still in full swing and pushes LTC up.

The losses of the top 20 are slightly higher, Tron loses the most with more than 5%. IOTA, Cosmos and Ethereum Classic lose about 3%, NEO is the only Altcoin in the campaign that gains 2% and now exceeds $ 12.

FOMO: Nebulae fly to the moon

A huge dose of FOMO hits the NAS today – Coin pumps reach up to 45%. It does not seem that anything fundamental motivates the momentum of the intelligent asset platform standalone, with the possible exception of the Nebula Council's election campaign launched yesterday.

GXChain – 36% – and NULS with nearly 20% can also expect a pump today. HyperCash is at the dirty end of the Crypto Top Hundred, with a dump of 13%, while Ravencoin leaves 9% of feathers that day.

The total capitalization of the cryptographic market has decreased by $ 5 billion since yesterday. It now stands at $ 247 billion, with a daily volume of $ 62 billion. Markets fell by 8.5% during the week, as more than $ 20 billion left the room. Bitcoin also seems ready to fall further – the agony should continue this week.

Proof of text: newsbtc

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