On the morning of May 23, Top 10 Cryptocurrencies by Market Capitalization shows a downward trend, virtual coin movement is tightly concentrated in the red zone, the observed decline in assets without special prerequisites for a change in its position. The total market capitalization at the moment is $239 456 329 700, the capitalization rate has decreased and in the last day has fallen by -4,3%.
Bitcoin (BTC) from its maximum values was reduced to the level of $7 680,00 and thus turned out to be below the established price threshold, which amounted to $7 760,00. Asset losses in the last day amounted to -3,6% and at the moment there is a slight recovery.
Altcoins have firmly established themselves in the red zone, the movement in the framework of the decline continues and critical changes are observed in many assets.
In the first five, the Ethereum (ETH) coin was reduced by -4,5% and established at the level of $244,00. The Ripple (XRP) coin is centered at $0,3760, after dropping by almost -6%. Losses of Bitcoin Cash (BCH) coins accounted for more than -6% of the asset is difficult to rise above the level of $392,00. The Litecoin (LTC) coin is above the $87,60 mark, the loss of the asset in the last 24 hours was -3,8%.
In the second five, the EOS (EOS) coin decreased by -5,2% and at the moment the movement of the asset is concentrated below the [$6,00 mark. The loss of the Binance Coin (BNB) asset is insignificant, slightly more than -2%, the coin is traded above the $30,00 mark. Coin Stellar (XLM) fell below $0,1250, the loss of the asset is very significant and amounted to -7,5%.
At the time of this writing, Top 10 Cryptocurrencies by Market Capitalization is as follows:
This article cannot be considered as investment advice! Always remember that investments in cryptocurrencies are associated with increased risk and any investment should be approached very carefully. Just pay your attention that the responsibility for making a decision lies only with you. Please consider all these risks when evaluating cryptocurrency-related investments. Invest in cryptocurrency only the money that you can afford to lose.
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