RATE Group | Fear takes over the crypto market
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Fear takes over the crypto market

Fear takes over the crypto market

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Here’s what you need to know on Thursday

Markets: 

– The BTC/USD pair is currently trading at $7,151 (-0.72%), after yesterday’s sudden late drop, dragging the market down as a whole.

– The ETH/USD pair is currently trading at $142.01 (-1.02%). Technically, the decline has been inoffensive but it is moving very close to critical levels.

– XRP/USD is currently trading at $0.219 (-0.91%). While XRP doesn’t show much intention to go up, it’s admirable the ability it shows lately to withstand when sellers show up.   

– Among the 100 most important cryptocurrencies, the best of the day are WAVES $0.619 (+14.48%), EKT $0.1004 (+7.43%) and ATOM $3.85 (+5.39%). The day’s losers are MATIC $0.01612 (-11.97%), FET $0.05115 (-8.67%) and LINK $2.08 (-6.91%).

 

Chart of the day:

Market:

– Google searches related to Bitcoin and Ethereum plummeted from their maximum levels. Searches for the term Bitcoin have dropped by 94%, while searches for the word Ethereum…

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