RATE Group | Altcoins Keep Dropping While Bitcoin Breaks Another Record of Market Dominance in 2018
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Altcoins Keep Dropping While Bitcoin Breaks Another Record of Market Dominance in 2018

11 Sep Altcoins Keep Dropping While Bitcoin Breaks Another Record of Market Dominance in 2018

Posted at 18:09h in Bitcoin News by

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Tuesday, September 11: crypto markets have seen another decline today, with most of the top 20 coins by market cap in the red, according to data from CoinMarketCap. The majority of altcoins are recording losses, reaching around 5-6 percent among those top 20 currencies.

Market visualization from Coin360

Market visualization from Coin360

Bitcoin (BTC) is slightly down today and currently trading at $6,238, which is around a 0.3 percent loss over the past 24 hours.

Weekly Bitcoin price chart

Weekly Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index

Ethereum (ETH) is also seeing significant losses today, with its price point having dropped below $190. The top altcoin is now trading at around $181, down roughly 4 percent over a 24 hour period.

Weekly Ethereum price chart

Weekly Ethereum price chart. Source: Cointelegraph Ethereum Price Index

Total market capitalization has dropped to $191 billion, which is the lowest point since early November 2017, according to CoinMarketCap. At press time, the losses of the crypto market over the past 7 days constituted around 20…

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