Why Bitcoin and Altcoin dropped Roughly? Here the answer | $BTC $ETH $XRP $ STEEM and $SBD Price update
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 Supply | 16,925,150 BTC |
| Max Supply | 16,925,150 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 |
| Type | Currency |
| Mineable | No |
| Rank | 1 |
| No. of Exchanges | 388 |
Ethereum ($ETH) $529.176 (0.0684168 BTC) -63.8186256 (-12.06%)
| Market Cap | $ 51,916,531,912 |
|---|---|
| Volume (24h) | $ 1,271,230,000 |
| Circulating Supply | 98,253,566 ETH |
| Max Supply | 98,253,566 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 |
| Type | Currency |
| Mineable | No |
| Rank | 2 |
| No. of Exchanges | 398 |
Ripple ($XRP) $0.5983 (0.00007925 BTC) -0.0653942 (-10.93%)
| Market Cap | $ 23,925,107,801 |
|---|---|
| Volume (24h) | $ 324,827,000 |
| Circulating Supply | 39,091,716,516 XRP |
| Max Supply | 99,992,497,246 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 | |
| Type | Currency |
| Mineable | No |
| Rank | 3 |
| No. of Exchanges | 127 |
Steem ($STEEM) $1.65907 (0.00021491 BTC) -0.3097484 (-18.67%)
| Market Cap | $ 421,519,712 |
|---|---|
| Volume (24h) | $ 1,720,240 |
| Circulating Supply | 253,963,644 STEEM |
| Max Supply | 270,937,738 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 |
| Type | Currency |
| Mineable | No |
| Rank | 30 |
| No. of Exchanges | 17 |
Steem Dollars ($SBD) $1.73361 (0.00022728 BTC) -0.3505359 (-20.22%)
| Market Cap | $ 18,902,315 |
|---|---|
| Volume (24h) | $ 1,293,270 |
| Circulating Supply | 10,769,029 SBD |
| Max Supply | 10,769,029 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 |
| Type | Currency |
| MineableNo | |
| Rank | 285 |
| No. of Exchanges | 9 |
Warm Regards
@azmielbanjary
Banjarmasin Steemian
Make the world better with
**Love Peace and Respect
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For future viewers: price of bitcoin at the moment of posting is 7747.40USD
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