Crypto Markets Experience Slight Correction, But BTC Still Close To $9,000

Published on by Cointele | Published on

The crypto markets are seeing a slight correction, with Bitcoin dropping below $9,000 today, May 1, according to data from Cointelegraph's price index.

BTC is currently trading at around $8,995, down just over 2 percent over a 24 hour period to press time.

Ethereum is slightly down as well, trading at around $664 by press time, down over 3 percent over a 24 hour period.

Of the top ten coins on CoinMarketCap, only altcoin Stellar is in the green.

XLM is trading at around $0.44, up over 3 percent on the day to press time.

I just found out that Roger has changed the website back to listing bcash as "Bitcoin Cash" instead of just Bitcoin.

The lawsuit has already done some good.

IOTA is now ranked in 11th place on CoinMarketCap after the Financial Times reported last week on multiple online harassment allegations against the IOTA Foundation, news which evidently led to the University College London cutting ties with the foundation, citing their commitment to "Open security research." IOTA has lost 13 percent since April 25, when FT published their article.

Today, the coin is down 3.45 percent, trading at $1.90.

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