RATE Group | Cryptocurrencies with signs of bearish pressure
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Cryptocurrencies with signs of bearish pressure

Cryptocurrencies with signs of bearish pressure

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Yesterday, Bitcoin (-0.75%) made a failed attempt to break the $700 barrier, producing a bearish engulfing candle that brought its price back to the price to the previous range. The rest of the major cryptocurrencies followed a similar move, so, currently, there is a slight bearish turn. Among the most capitalized, Ethereum classic (-4.55%), Ethereum(-2.39%), and Litecoin (-2.65%) are the worst performers, but, so far, the volatility experienced by the digital currencies are low.  On the Ethereum-based section, HEDG (-10.43%), KCS(-7.65%) and BAT(-5.11%) are dropping the most among the token leaders, whereas REP(+5.13%), and, notably, MTL (+47%) and DATA(+54.8%) are making large advances.

24H Crypto Sector Heat Map

The Market Capitalization fell by 1.8 percent in the last 24 hours and is currently $182.458 billion. The 24H traded volume also dropped to $41.103 billion, a 12.3 percent drop, whereas Bitcoin dominance descended slightly to 66.21 percent.

24H Crypto Market Cap and Traded Volume

 

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