RATE Group | Crypto Markets See Slight Slump, Ethereum Fails to Hold $300 Support
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Crypto Markets See Slight Slump, Ethereum Fails to Hold $300 Support

18 Aug Crypto Markets See Slight Slump, Ethereum Fails to Hold $300 Support

Posted at 22:34h in Ethereum News by

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Saturday, August 18: crypto markets have seen another slump today, with some coins wavering following weekly gains, according to data from Coinmarketcap. Total market cap has dipped as low as $210 billion at press time.

Market visualization

Market visualization from Coin360

Bitcoin (BTC) is down 1.79 percent over the past 24 hours, trading at $6,396 at press time. With that, the top cryptocurrency has seen an intraday high of $6,562. The coin has lost around 13 percent over the past 30 days, while holding its weekly gains, according to Coinmarketcap.

Bitcoin 30 days price chart

Bitcoin 30 days price chart. Source: Cointelegraph Bitcoin Price Index

Ethereum (ETH) has failed to hold $300 support, trading at $291 at press time. The major altcoin has suffered a 3.74 percent loss over a 24 hour period, also having failed to keep momentum over the week with an 11 percent loss in the past 7 days.

Ethereum price chart

Ethereum price chart. Source: Cointelegraph Ethereum Price Index

Total market cap has taken a somewhat downward trend today, dipping as low…

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