10 Jan Cryptocurrencies continue Retracing
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Bitcoin (-2.04) and the crypto sector, in general, continue its descents. The drops are moderate, around 2%, but continuous. The exceptions are Bitcoin SV (+0.68%) and ATOM(+5.55%). In the Ethereum token section, SNX (-1.15%) continues its drops, whereas Link (+4.1%) recovers. Worth mentioning FST( +27.15%) and RCN(+16.7%) and HLT(+1,269.7%)
The Crypto sector capitalization dropped to $206.21 Billion (-3.69%). That happened on a 24-hour traded volume of $29.562 billion (-34.8%). The dominance of Bitcoin remains practically stable at 68.41%.
Hot News
China has issued a law governing cryptographic password management that started on Jan 01. According to sources by Cointelegraph, the act establishes core and standard encryption methods as a state secret. It is said that this law paves the way for China’s central bank digital currency.
Distributed Finance (Defi) platforms based on Ethereum grew by 130% in 2019, according to the website Defi Pulse….
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