XRP, Litecoin [LTC], Cardano [ADA] head underground after waiting for the bull run

The current state of the cryptocurrency market is such that most of the big coins under the top-10 are returning to the bearish zone after a successful rally. On November 8th, the XRP fell by 3.65% while Litecoin [LTC] and Cardano [ADA] plummeted by 3.58% each.

During the day, XRP maintained standards at a trading price of $ 0.53 [approx.] with a market capitalization of more than $ 21 billion. The currency began to fall and crashed to $ 0.5 in the space of an hour with a market capitalization falling below $ 20.5 billion.

Price Chart XRP 1d | Source: coinmarketcap

At the time of writing, XRP was trading at $ 0.51 with a market capitalization of $ 20.66 billion. The 24-hour trading volume was recorded at $ 658.7 million.

Starting from Litecoin [LTC], the currency was on the market up to $ 55 with a market capitalization of $ 3.29 billion. However, the currency soon crashed to $ 53.1 where its market capitalization was $ 3.13 billion. Despite the fall, LTC maintained trading above the week's fund level, which is about $ 49.89 with a market capitalization of $ 2.79 billion. Therefore, during the week, LTC managed to bring a supplement of around $ 500 million to the table.

Table of prices LTC 1d | Source: coinmarketcap

At the time of writing, Litecoin was trading at $ 53.37 with a market capitalization of $ 3.15 billion. The 24-hour trading volume was observed at $ 341 million.

In the ADA market, the trading price rose to $ 0.08 during the day when its market capitalization was $ 2 billion. With more withdrawals that occurred at $ 0.078, ADA plunged further below the day it continued. Finally, the token fell to its knees to trade at a price devalued by $ 0.076 with a market capitalization of $ 1.97 billion. This is a million dollar wipeout in one day from the ADA chart.

Table of prices ADA 1d | Source: coinmarketcap

Except the stable coin, Tether [USDT], all other coins under the top-20 suffer from depression. From Ethereum [ETH] in Tron [TRX], the coins are faced with a descent on the wake of the bear.

Follow us on Telegram | chirping | Facebook

Priyamvada is a full-time journalist at AMBCrypto. A graduate in journalism and communication at Manipal University, she believes that blockchain technology is a revolutionary tool for advancing the future. Currently it has no value in cryptocurrencies.