Cryptocurrency Market Update # 11-Jan-2018
In the top 10 Currencies only Ethereum, Bitcoin Cash and Litecoin are the gainers -- 40%, 10% and 3.50% respectively.
Ethereum very strong, CMP $1320.
Bicoin Cash CMP $2800.
Litecoin CMP $250.
Bitcoin lost 3% in the last week, Currently trading around $14750.
Ripple has lost some 43% in the last week currently trading below $2 level. It had made ATH on 7th January, 2018 around $3.50.
Cardano lost 35% last week, CMP $0.76.
NEM down 21% last week, CMP $1.44.
IOTA down 6% during the last week CMP $3.80.
Steller lost 40%, CMP $0.55.
Dash lost more than 5%, CMP $1096. Dash touched the ATM on 20th December, 2017 around $1500.
Steem lost around 35% in the last week current price $511.
Steem Dollar CMP $6.61 last week lost around $33%.
Thanks for the update! Would love to get folks view on why Ripple is falling so much and failing to gain traction
Ripple, I think the rise was too fast from $0.25 to $3.50, so definetely there will be some profit booking.
This post was really helpful as it updated me about the crypto's.
Thanks for sharing.
a big thumbs up
Thanks
You got a 3.44% upvote from @allaz courtesy of @onlineprds!
Will steem dollar price go up or down in the coming week?
It seems, the market is going for a correction after the big bull run. Steem price also, I think will come down.
What's the reason ethereum is strong while other cryptos bleed this week?
I dont know the specific reason, but experts say that Ethereum's valuation is justifiable in the current market. Also switching from Ripple to Ethereum may be another reason.
Good point. Thanks.
This post has received a 2.03 % upvote from @boomerang thanks to: @madhupkd
You got a 1.81% upvote from @postpromoter courtesy of @onlineprds! Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!