Cryptocurrency Markets Falling After Recent Rise, Most Coins In The Red

Hello steemians!Cryptocurrency market is experiencing lows across the board nowadays, Jan. 14, with only three of the top 20 coins on CoinMarketCap in the green.

The total market cap remains around $692 bln, still recovering from the Jan. 11 drop to around $630 bln.

Big drops
Altcoin Ripple (XRP), which had been up 18 percent as recently as Jan. 12, showed about a 10 percent loss over a 24-hour period to press time.

Last year, investors poured about $4 billion into ICOs.
significant rise of altcoin after announcement news of a partnership with MoneyGram on Jan. 11

ETC
Ethereum Classic (ETC) has seen the most growth over 24 hours, up more than 17 percent and selling for $44.32 at press time.

Bitcoin is down about seven percent over 24 hours and is trading at press time for an average of $13,474.70, higher than the Dec. 22 market low price of $12,850.