Crypto Markets See Slight Decline on The Day, Bitcoin Cash Makes Minor Gains

Published at: Nov. 13, 2018

Tuesday, Nov. 13: Cryptocurrencies have experienced a slight decline over the last day, with almost all top 20 coins by market capitalization in the red after seeing some growth yesterday, Nov. 12.

Market visualization from Coin360

The leading cryptocurrency Bitcoin (BTC) is down less than a tenth of a percent today, trading at $6,370 at press time. During the day, the lowest BTC price point was $6,345, with an intraday high aof $6,395. BTC has lost around 1.34 percent over the last week.

Bitcoin 7-day price chart. Source: CoinMarketCap

The second largest coin Ethereum (ETH) has been trading relatively stable on the day, fluctuating between $210 and $206. ETH is down 1.26 percent over the past 24 hours, trading around $207 at press time. In terms of a weekly view, the altcoin is down over 4 percent.

Ethereum 24-hour price chart. Source: CoinMarketCap

Ripple (XRP) has seen bigger fluctuations over the 24-hour period, down by over 2 percent and trading at $0.510 at press time. The coin is down almost 5 percent on its weekly chart. On its monthly chart, XRP is still up by more than 22 percent.

Today, Cointelegraph reported that lawyers representing payment startup Ripple in its ongoing securities lawsuit are trying to move the case to a U.S. federal court. Court records confirm the application to move the case from the state to federal level, which would allow Ripple to prove definitively that its XRP token is not a security under U.S. law, should it win.

Ripple 24-hour price chart. Source: CoinMarketCap

Bitcoin Cash (BCH), with a market cap of around $9.12 billion, is up by 1.23 percent on the day and trading at $522 at press time. BCH is the only coin out of the top 10, which has broken the downtrend over the last 24 hours.

Today, recently re-opened Japanese crypto exchange Coincheck announced it has resumed NEM (XEM) crypto token trading after a restructuring of its platform by external “security experts.” In January, Coincheck suffered an industry record-breaking hack when $534 million worth of NEM was stolen from its wallets. At press time, NEM is trading at around $0.109, up 1.55 percent on the day.

NEM 24-hour price chart. Source: CoinMarketCap

Total market capitalization of all cryptocurrencies is over $210 billion as of press time, down from an intra-week high of $220.7 billion on Nov. 7, according to CoinMarketCap.

Total market capitalization weekly chart. Source: CoinMarketCap

Earlier today, engineering and electronics company Bosch partnered with IOTA, integrating its new data collection Internet of Things (IoT) device with the decentralized IOTA Data Marketplace.

The device reportedly combines various sensor, data storage and network technologies so that users with varying levels of programming experience can collect data real-time, and sell it on the IOTA marketplace. At press time, the IOTA token is up 1.19 percent on the day, trading at $0.498.

Tags
Bitcoin Price
Markets
Ethereum
Altcoin
Cryptocurrencies
Ripple
Related Posts
Crypto Markets Continue Rising While Bitcoin’s Dominance Continues to Drop
Monday, April 1 — crypto markets have continued to rise, with Bitcoin (BTC) seeing stable growth over the day, according to data from CoinMarketCap. Out of top 20 cryptos by market cap, only two coins are in the red at press time. Over the past 24 hours, Tezos (XTZ) is down about 5.7 percent, while Cardano (ADA) dropped around 0.9 percent. Market visualization from Coin360 The biggest cryptocurrency, Bitcoin, is up 1.4 percent over the day, trading at $4,160 at press time. Over the past 7 days, Bitcoin is up more than 3.5 percent, with its intraweek low of $3,937, …
Bitcoin / April 1, 2019
After a Brief Decline, Crypto Market Cap Is Stable Around $130 Billion, Stocks Are Down
Thursday, Feb. 28 — crypto markets continued trading sideways, while the total market capitalization has remained stable around $130 billion after a major sell off on Feb. 24, according to CoinMarketCap. Market visualization from Coin360 Bitcoin (BTC) is trading around $3,865, up around 0.3 percent over the past 24 hours at press time. With that, the biggest crypto has seen some volatility on the day, with its intraday low of $3,787, and the high of $3,906. After the Sunday sell off, Bitcoin is down 2.15 percent over the past seven days. Bitcoin 24-hour price chart. Source: CoinMarketCap The top altcoin …
Bitcoin Price / Feb. 28, 2019
Crypto Markets Lose $2 Billion After Brief Recovery Attempt, US Stock Market Is Down
Tuesday, Feb. 26: after a brief recovery attempt yesterday, crypto markets have lost more than $2 billion in terms of total market capitalization today, with the top 20 cryptocurrencies seeing mixed signals. While the market is overall trading sideways, most of top 20 coins are in the red at press time. Market visualization from Coin360 The largest cryptocurrency, Bitcoin (BTC), is down around 1 percent over the past 24 hours, trading at $3,847 at press time. Following major losses on Feb. 24, the top cryptocurrency is down over 3 percent over the past 7 days. Bitcoin 24-hour price chart. Source: …
Bitcoin / Feb. 26, 2019
Bitcoin Price Near $3,400, Wider Crypto Markets See Another Mild Slump
Thursday, Dec. 13: after seeing a small rebound yesterday, crypto markets are experiencing another mild decline, with 19 out of the top 20 cryptocurrencies by market cap in red. Market visualization from Coin360 Top cryptocurrency Bitcoin (BTC) has not managed to hold $3,500 support, dropping to as low as $3,406 earlier today. As of press time, the coin is trading at $3,417, down about 2 percent over the past 24 hours. The leading coin is down about 6.5 percent over the past 7 days by press time. Bitcoin 24-hour price chart. Source: CoinMarketCap Bitcoin Price Index Ripple (XRP), the second …
Bitcoin / Dec. 13, 2018
Bitcoin Hovers Near 6,600, While Most Top Coins See Little Price Volatility
Friday, Oct. 5: cryptocurrencies are seeing little volatility over the past 24 hours to press time, with the majority of losses and gains of top coins capped within a 1 percent range on the day, as data from Coin360 shows. Market visualization by Coin360 Ripple (XRP) is the only outlier in the top ten coins, down a little over 3 percent on the day to trade at $0.52. The asset – which in September briefly outflanked Ethereum to seal the second spot ranking on CoinMarketCap listings – has had a shaky start to the month, and is currently trading almost …
Bitcoin / Oct. 5, 2018