All is not well in the cryptocurrency world as the top 20 cryptocurrencies keep witnessing a loss in their prices.
The only coins that are not witnessing any loss in the cryptocurrency world is none other than the USD coins and the Tether coin which are currently in green.
Bitcoin which is the largest cryptocurrency lost 2.34% out of its price and it’s currently trading at $3,615 as at the time of writing this.
According to the weekly chat, Bitcoin was trading at $3,700 before it lost some percentages out of its price and the highest price it has traded so far this year was on January 9 when it was trading at $4,107.
Ripple on the other hand, which is now the second largest cryptocurrency lost 3 percentage out of its price in the past 24 hours and it is now trading at $0.32.
However, it didn’t really experience any significant fluctuation today but it’s price is also down. Ethereum which is now the third largest cryptocurrency lost 7.5 percent of its price again and it’s currently trading around $119.
Most of the top 20 cryptocurrency are presently in red with loses from their prices ranging from 2-7 percentages. The total cryptocurrency market capitalization is around $120.5 Billion as at the time of writing this.