Home / Crypto News / Bitcoin price drops to $ 3,835, ripple (XRP), Ethereum, EOS and IOTA lose 10-15%

Bitcoin price drops to $ 3,835, ripple (XRP), Ethereum, EOS and IOTA lose 10-15%


The 20 largest crypto currencies saw a significant reversal on Sunday. This occurred the last 24 hours before the editorial deadline. The biggest falls were in just half an hour.

Bitcoin (BTC) initially crossed the $ 4,150 mark yesterday afternoon before plummeting back below $ 3,900.

At the time of going to press, Bitcoin had slipped 5 percent over the day. The value of a bitcoin stood at $ 3,835. Bitcoin was 9 percent below its high of $ 4,210 at noon. However, for the week, Bitcoin is still up 5 percent from its $ 3,632 start of the week.

Chicago's leading US options exchange, CME Group, tweeted on February 21 about the impact of the Bitcoin recovery. Accordingly, the higher prices have led to new records in the trading volume of Bitcoin futures. For example, over 18,000 contracts were traded for the first time on 19 February.

What does Ethereum do?

Ethereum (ETH) ranked second on the list of largest cryptocurrencies by market capitalization. At the time of going to press, the market capitalization was $ 14.6 billion. The third largest cryptocurrency, Ripple XRP, has fallen further with a market capitalization of $ 12.5 billion.

Ethereum has also suffered from the market downturn. In the last 24 hours before the editorial deadline, the cryptocurrency lost almost 9 percent of its value. On Sunday morning, the price of a coin was $ 148. By the evening of Sunday he had already dropped to $ 139. Ethereum has dropped about 16 percent from the noon high of $ 165.

However, Ethereum is still up 9 percent over the week.

About the location of Ripple XRP

Ripple XRP lost nearly 7 percent in the last 24 hours before the deadline. A coin was worth $ 0.303, down 12 percent from the previous high of $ 0.34. Looking at the week, Ripple XRP is almost on the same course it started the week with.

The Biggest Losers

Among the top 20 cryptocurrencies, the downturn has hit some coins particularly hard. These include Litecoin (LTC), Bitcoin Cash (BCH) and Ethereum Classic (ETC). All of the mentioned Altcoins suffered double-digit losses in the region of 10 percent.

Of course, the losses also impacted on the total market capitalization. On Sunday morning, it had reached a multi-month high and stood at $ 144 billion. Due to the sudden downturn, however, it had to give back $ 15 billion. At the time of going to press, it was $ 129 billion.

Source: Pixabay

Author: Peter Joost – Source Post: https://www.kryptovergleich.org/bitcoin-kurs-faellt-auf-3-835-usd-ripple-xrp-ethereum-eos-und-iota-verlieren-10-15/

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