Crypto Market Update: Coins soaked in red as bears lead a massacre
|- Bitcoin dropped below $10,000 as the market experienced heavy losses.
- Ethereum Classic (ETC) was the biggest loser among the top 20 coins.
Thursday has so far been extremely bearish for the crypto market, with the entire top 20 experiencing massive losses. Let’s take a closer look at how the top three did and then reveal the biggest winners and losers of the day, among the top 20 coins.
Top three coins
- Bitcoin: BTC/USD fell from $10,175 to $9,685 this Thursday. Over the last few days, Bitcoin has continuously flirted with going below $10,000 but has always managed to recover.
- Ethereum: ETH/USD has gone down from $187.50 to $173.15 so far this Thursday. This is the lowest that ETH/USD has traded for since May 11th, 2019.
- Ripple: XRP/USD fell from $0.269 to $0.255 this Thursday, reaching a low of $0.246.
Biggest winners and losers (top 20 coins)
- Ethereum Classic (ETC) was the biggest loser among the top 20 coins. It went down by 9.95% and is currently priced at $6.48.
- Chainlink (LINK) went down by 8.79% and is priced at $1.92.
- Eos (EOS) went down b 7.71% and is priced at $3.27.
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