Truth about Bitcoin Crash

It is a day of inactivity for world cryptocurrency markets, with only three of the 100 major market capitalization activities that recorded 24-hour gains, according to Coinmarketcap information.

At the time of publication, the price of the bitcoin, the largest savings market is trading below $ 14,000 based on the CoinDesk Bitcoin (BPI) price index, slightly higher than the daily minimum of $ 12,504. In particular, this figure was over 30 percent below the record level of nearly $ 20,000 reached on Sunday.

But while at the beginning of this week the fall of Bitcoin coincided with an increase in the total market value, the value of all criptomonedas suffered a fall on Thursday, down by about 25 percent, up to $ 650 billion at least $ 480 billion currently.

Overall, only a few active ones seem to be safe from what appears to be an exodus of cryptomonadss markets, with XRP Ripple and ICO's relatively unknown tokens for GameCredits and Electroneum, recording 24-hour gains.

The Ripple XRP cryptocurrency, which drives the open source company XRP Ledger, yesterday reached a record level of $ 1.30, a figure that increased by about 400 percent of its value earlier this month, when the negotiations for only $ 0.25.

This does not mean that there are no interdial gains in the market.

CoinDesk data from the trading session Friday (06:00 to 12:00 UTC) quotes indicate that Dark Bitcoin NXT and earnings of more than 15 percent sent within six hours, but were the only assets that they won. more than 2 percent.

Furthermore, strong losses were observed during the elongation, with the XRP ripple more than 12 percent for the window and monacoin's cryptomonedas, TRON and RaiBlocks recorded losses of more than 15 percent.