RATE Group | Crypto Market Continues Lower, ETH Falls Below $200, BTC at $6,150
41662
wp-singular,post-template-default,single,single-post,postid-41662,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Crypto Market Continues Lower, ETH Falls Below $200, BTC at $6,150

09 Sep Crypto Market Continues Lower, ETH Falls Below $200, BTC at $6,150

Posted at 00:15h in Ethereum News by

[ad_1]

Crypto Market Sees Violent Move To The Downside,  BTC Falls 4% 

After days of sideways price action, on Saturday, traders awoke to a horrific sight, with the cryptocurrency market continuing lower due to a fresh bout of sell-side pressure across the board. So essentially, when optimists thought it couldn’t get worse, it did, and a whole lot worse at that. Within the span of a single hour, BTC fell from $6,420 to $6,140, as selling volume ramped up on a variety of exchanges.

Chart Courtesy of TradingView

As with other recent bearish movements, altcoins actually underperformed Bitcoin, with a majority of crypto assets posting losses of 6% or more, while Bitcoin sat at 4% down on the day.

Image Courtesy of CoinMarketCap

In this move, however, there was one altcoin that stood out among the crowd of hundreds. As chart watchers are likely aware of, this sore thumb was Ethereum, or the price of ETH to be exact. For the first time in months, if not a year, ETH has fallen under the price of…

[ad_2]

Source link