The past few weeks have been hectic for the cryptocurrency markets. Fluctuations in price is an understatement. Bitcoin a massive crash losing $1,000 in price value in just 24 hours and it seemed to bring the whole market down with it.
At the current time of writing the whole market is in the red and so let’s take a look at how the top ten cryptocurrencies are doing at the time of writing.
Monero is an open source cryptocurrency which was launched in April 2014 and focuses on fungibility, privacy and decentralisation. At the current time of writing the token is in the red by 3.41% over the past 24 hours and is priced at $69.39 with a total market cap of about $1,150,923,911.
The distributed computing platform that runs on blockchain for the ADA cryptocurrency, Cardano is seeing falls today too. Over the past 24 hours, the token has seen a 4.38% drop leaving it priced at $0.046 at the current time of writing. The token also has a market cap of $1,210,044,295.
Being the leading stablecoin doesn’t come without perks. Each token of the stablecoin is ‘tethered’ to the United States dollar. Like the other stablecoins on the top 100 cryptocurrencies, it is seeing green over the past day and is up by 0.78% being priced at $0.98.
The peer-to-peer cryptocurrency, Litecoin is an open source software project which is currently priced at $33.71 after being down by 4.36% over the past day with a market cap of $1.997,658,893.
The blockchain protocol is currently down by 2.33% over the past day and is priced at $3.78. The market cap for EOS is $3,423,989,396 at the current time of writing.
Stellar is currently in the red and is down 3.85% leaving it to be priced at $0.20 and has a market cap of $3,858,183,117.
Bitcoin Cash has a strange few weeks. According to CoinMarketCap it is down by 4.92% over the past 24 hours leaving its price at $234 and giving it a market cap of $4,091,004,467.
Ethereum has had a funny past week too as it has lost its silver medal on the top 100. The token is currently down by $.67% leaving its price at $135 and a market cap of $13,990,055,427.
Speaking of a silver medal, XRP is now the second biggest cryptocurrency in the market. Nevertheless, it is down by 3.59% over the past day giving it a price of $0.44 and a market cap of $17,759,056,426.
The leading cryptocurrency has been hit hard over the past few weeks. It is currently down 3.15% and has a price of $4,561 and it has a market cap of $79,312,683,247. Who knows when it will recover?