Home Cryptocurrency Down The Hill: Bitcoin, Ethereum, Monero Crashes

Down The Hill: Bitcoin, Ethereum, Monero Crashes

Earlier today, the world’s largest crypto exchange Binance launched its first crypto-fiat exchange in Uganda, enabling users to buy Bitcoin and Ethereum with Ugandan shillings.

Japan’s Financial Services Agency (FSA) also granted self-regulatory status for local crypto-related companies by certifying the Japanese Virtual Currency Exchange Association (JVCEA) to conduct regulatory oversight in the field.

But that didn’t stop the top cryptocurrencies from having a dip in price. Quite frankly, there has been some sort of unstability in the cryptocurrency world these past few days, as the top 10 performing Cryptocurrencies prices keep rising and falling.

Over the past 24 hours, there has been some sort of unstability in the crytocurrency world as some lost some percentages of their prices a little. Bitcoin, which is the largest cryptocurrency in terms of market capitalization has lost 0.06% of its price going from $6,489 to $6,470.

Ethereum is down by 0.17% trading at $203.062 from
$202.273. Ripple which has the most growth among the top 10 cryptocurrencies markets has experienced the same loss over the past 24
hours period. The coin is down by 0.36% and now trading at $0.4562 from $0.459 which was the normal price earlier today.

While Litecoin went from $52.4699 down to $52.250 losing about 0.20% of its worth. Monero also lost 0.34% of its price going from $107.141 to $106.641, but that didn’t stop it from climbing to the third spot in terms of market capitalization. Monero now sits just behind Bitcoin and Ethereum.

Bitcoincash on the other hand gained 0.08% to its worth going from $440 to $442. Other major cryptocurrencies which gained some percentages to their worth in the past 24 hours include Zcash and Ravencoin.

They both saw a 1.18% and 11.19% increase to their prices respectively. Zcash went from $124 to $126.4 while Ravencoin went from $0.0500 to $0.0563. Dash on the other hand, lost 0.02% of its price, going from $157.352 to $156.245.

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