Thursday, April 11 - after a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time, as Bitcoin corrects down close to the $5,100 mark.
Bitcoin is down close to 2.8% on the day, and is trading at around $5,106 by press time, according to CoinMarketCap.
The top coin has seen a week of near-consistent growth, hitting an multi-month price high of over $5,420 yesterday, April 10.
The largest altcoin by market cap, Ethereum, has taken a price hit, down 7.8% on the day to trade at $166.23.
XRP is now down close to 2.4% on the week.
It is closely followed by 5th largest crypto Bitcoin Cash, which has taken an 8.35% loss on the day to press time.
Widening out to the top twenty, the heaviest losers are 19th-ranked crypto Ontology, down a stark 13% on the day, 11th-ranked Tron, down 11.3%, and 16th-ranked NEO, down close to 11.75%. Tezos, ranked 20th, has seen the mildest losses of all top 20 coins, down just 1% to press time.
The total market capitalization of all cryptocurrencies is currently around to $173.2 billion, down 0.4% on the week.
In traditional markets, European markets are faltering after yesterday's EU summit decision to grant the United Kingdom a "Flextension" of up to six months for the Article 50 deadline for Brexit.
The pan-European Stoxx 600 edged slightly lower soon after the markets opened, with sectors and major bourses pointing in opposite directions, CNBC reports.
Crypto Markets See Red, European Stocks Teeter in Wake of Brexit Deadline Extension
Published on Apr 11, 2019
by Cointele | Published on Coinage
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