Why Bitcoin and Altcoin dropped Roughly? Here the answer | $BTC $ETH $XRP $ STEEM and $SBD Price update

in bitcoin •  4 months ago

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As we knows, bitcoin has dropped deep three-fold from its December peak. At the height expectation of the mania it will touched $20,000 but has since fallen to as low as $6,000. The big question mark of what caused the great decline is one that most bitcoiners have an opinion on.


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According to Chainalysis, bitcoin’s big sell-off was a result of “Regulatory news driving trading volumes and a peak of positive sentiment pushing price; and a lack of fundamentals resulting in herding behaviour across increasingly correlated exchanges and cryptocurrencies.”
Read more at Bitcoin.com

Last price Position and Basic info of Bitcoin, Ethereum, Ripple, Steem and Steem Dollar can see below :

Bitcoin ($BTC) $7722.91 (-503.5337320) (-6.52%)

Market Cap$ 131,341,170,266
Volume (24h)$ 4,370,150,000
Circulating Supply16,925,150 BTC
Max Supply16,925,150 BTC
% (1h)-1.84%
% (24h)-6.52%
% (7 days)-12.30%
% (1 month)-24.14%
% (6 months)92.46%
Low/High 52W$ 950.005 - $ 20089
TypeCurrency
MineableNo
Rank1
No. of Exchanges388

Ethereum ($ETH) $529.176 (0.0684168 BTC) -63.8186256 (-12.06%)

Market Cap$ 51,916,531,912
Volume (24h)$ 1,271,230,000
Circulating Supply98,253,566 ETH
Max Supply98,253,566 ETH
% (1h)-4.23%
% (24h)-12.06%
% (7 days)-23.26%
% (1 month)-43.64%
% (6 months)82.02%
Low/High 52W$ 39.8998 - $ 1432.88
TypeCurrency
MineableNo
Rank2
No. of Exchanges398

Ripple ($XRP) $0.5983 (0.00007925 BTC) -0.0653942 (-10.93%)

Market Cap$ 23,925,107,801
Volume (24h)$ 324,827,000
Circulating Supply39,091,716,516 XRP
Max Supply99,992,497,246 XRP
% (1h)-3.77%
% (24h)-10.93%
% (7 days)-23.28%
% (1 month)-46.77%
% (6 months)225.21%
Low/High 52W(^^)$ 0.006694 - $ 3.84194
TypeCurrency
MineableNo
Rank3
No. of Exchanges127

Steem ($STEEM) $1.65907 (0.00021491 BTC) -0.3097484 (-18.67%)

Market Cap$ 421,519,712
Volume (24h)$ 1,720,240
Circulating Supply253,963,644 STEEM
Max Supply270,937,738 STEEM
% (1h)-8.10%
% (24h)-18.67%
% (7 days)-29.59%
% (1 month)-63.70%
% (6 months)38.75%
Low/High 52W$ 0.147206 - $ 8.57442
TypeCurrency
MineableNo
Rank30
No. of Exchanges17

Steem Dollars ($SBD) $1.73361 (0.00022728 BTC) -0.3505359 (-20.22%)

Market Cap$ 18,902,315
Volume (24h)$ 1,293,270
Circulating Supply10,769,029 SBD
Max Supply10,769,029 SBD
% (1h)-8.38%
% (24h)-20.22%
% (7 days)-26.46%
% (1 month)-69.53%
% (6 months)59.06%
Low/High 52W$ 0.77208 - $ 22.1174
TypeCurrency
MineableNo
Rank285
No. of Exchanges9

Warm Regards

@azmielbanjary
Banjarmasin Steemian
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Nice news information sir

·

thanks for visit my blog post

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin7791.210$-5.54%-11.79%
ETHEthereum535.659$-10.45%-22.12%
SBDSteem Dollars1.830$-16.24%-23.14%
STEEMSteem1.695$-16.01%-27.93%
XRPRipple0.616$-10.01%-22.72%

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