RATE Group | Double Digit Dumps For Ethereum, XRP, EOS, Stellar And Cardano In Latest Crypto Rout
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Double Digit Dumps For Ethereum, XRP, EOS, Stellar And Cardano In Latest Crypto Rout

25 Sep Double Digit Dumps For Ethereum, XRP, EOS, Stellar And Cardano In Latest Crypto Rout

Posted at 09:55h in Ethereum News by

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Just when we thought that a real recovery was about to occur for cryptocurrencies, they have all dumped again today, several by double digits.

Since last Friday crypto markets have performed well regaining almost $30 billion to a three week high capitalization of $229 billion. This momentum has largely been the work of XRP which went on an epic pump over the weekend, almost doubling in price.

Today, however, the pattern has been reversed once again as markets plummet, losing all of those gains in one big rout. Almost $20 billion has been lost over the past day or so as markets tumble back towards the $200 billion level. Any lower will see them back to their 2018 low point on September 12 when total cap dropped to $186 billion. Ethereum is hurting once again with a 10% slide on the day back to yearly lows of $210.

XRP is rapidly wiping out all of that positive momentum which took it to a four month high of $0.69 on Friday. In just 24 hours its price over doubled as XRP trade volume…

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