RATE Group | Crypto Markets See Another Wave of Red, Despite Bullish News From Major Industry Players
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Crypto Markets See Another Wave of Red, Despite Bullish News From Major Industry Players

10 Sep Crypto Markets See Another Wave of Red, Despite Bullish News From Major Industry Players

Posted at 21:02h in Ethereum News by

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Monday, September 10: crypto markets have seen mainly red today, with just two coins out of the top 20 cryptocurrencies in the green, and total market cap hovering around $194 billion.

Market visualization from Coin360

Bitcoin (BTC) is slightly down today, fluctuating around the $6,300. The major cryptocurrency is currently trading at $6,287 by press time, down 1.5 percent over the past 24 hours.

Bitcoin saw an intraday high of $6,398 and low of $6,253, according to Cointelegraph’s Bitcoin Price Index. The coin sharply lost its $6,400 trading levels yesterday afternoon, slipping almost $200 in less than two hours, then sharply regaining some of those losses shortly after.

Bitcoin 24-hour price chart. Source: Cointelegraph Bitcoin Price Index

After also dropping and then testing a slight rebound yesterday, major altcoin Ethereum (ETH) has failed to hold the $200 point today. The coin dropped below $200 this weekend for first time since November 2017.

By press time, Ethereum is down 4.5…

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