RATE Group | Cryptocurrency Markets Slightly in the Red Following Yesterday’s Wave of Green
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Cryptocurrency Markets Slightly in the Red Following Yesterday’s Wave of Green

09 Oct Cryptocurrency Markets Slightly in the Red Following Yesterday’s Wave of Green

Posted at 23:44h in Cryptocurrency News by

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October 9th: what goes up must come down. Yesterday’s green rally virtually across all the major cryptocurrencies have today been substituted by red practically across the board, as yesterday’s price increases fall back slightly to consolidate.

The uniform losses during the past 24 hours can clearly be seen in the following market visualization from Coin360. However, although anyone judging solely by the virtually uniform wall of red could think that today has been a rough day for most cryptocurrencies, that is not the case.

http://toshitimes.com/

The losses experienced by most major coins are, in fact, comparatively minor – especially compared to yesterday’s more substantial gains. However, although some small altcoins are showing gains over the past day, they are in the minority.

Furthermore, the total cryptocurrency market capitalization has nevertheless increased somewhat since Toshi Times’ last price analysis, and now sits at around $219 billion.

Bitcoin has fallen by 0.52% at the…

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