RATE Group | Cryptocurrencies in a tight range as Bitcoin Hash rate drops 28%
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Cryptocurrencies in a tight range as Bitcoin Hash rate drops 28%

18 Mar Cryptocurrencies in a tight range as Bitcoin Hash rate drops 28%

Posted at 09:20h in Cryptocurrency News by

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After the sharp bounce made in Monday’s early morning, cryptocurrencies have found resistance started to move in a quite tight range. At the moment of this writing, the movements of the session are as following: Bitcoin ( -2.28%), Ethereum (-1.82%), Ripple(-1.61%), and Bitcoin Cash (-2.34%). These figures differ slightly with 24H values. It shows only today’s movements. The best 24H move in relevant crypto was produced by DASH (+5.73%). On the Ethereum-based tokens, LINK (-6.18%) and HEDG(-14.1%) continue moving bearishly, whereas CRO(+5.02%) and SNX(+12%) show a strong upward bias.

24H Crypto Sector Heat Map

The market capitalization of the sector is currently $147.540 billion (-0.68%), about one billion less than 24 hours ago, as the traded volume in the last 24 hours faded by 37.8 percent, to $36.45 billion. The Dominance of Bitcoin is relatively unchanged at 64.64 percent.

24H Crypto Sector Market Cap and Traded Volume

 

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Bitcoin hash rate went down from 136.264 TH/s down to 97.92TH/s. Although some news outlets…

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