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Almost every major cryptocurrency is falling


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Almost every major cryptocurrency is falling

Graham Rapier

 

-- The six largest cryptocurrencies have all lost value in the last 24 hours.

-- Bitcoin was down 4.6%, Ethereum was down 4.6%, and Ripple’s XRP was down 6.3%.


The six largest cryptocurrencies, including the flagship bitcoin, have all sunk in the last 24 hours, according to data from Markets Insider, following a major cyberattack against a Japanese cryptocurrency exchange last week which resulted in the loss of $400 million.

 

Bitcoin, which still makes up 33% of the entire digital currency market cap, was down 4.6% to $11,297 at the time of writing. Ethereum and Ripple’s XRP token, the second and third largest cryptocurrencies, were down 4.6% and 6.3%, respectively, at $1,184 and $1.30 per token.

 

Smaller coins with market caps of less than $1 billion had also taken a hit.

 

Bitcoin cash, the rival that split from bitcoin in August 2017, was down 4.3% to $1,677, giving the offshoot a market cap of $399 million.

 

Full story:  http://markets.businessinsider.com/currencies/news/bitcoin-ethereum-ripple-price-almost-every-major-cryptocurrency-is-falling-2018-1-1014445015

 

-- BUSINESINSIDER 2018-01-30

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