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Cryptocurrency prices are falling sharply on Thursday, with most of the coins showing double-digit declines.
On Thursday I exchanged a single bitcoin,
BTCUSD, -9.73%
the largest cryptocurrency, reached $ 3,610.00, down 9.8% from Wednesday at 17:00. Eastern Time on the Kraken Kryp exchange. The cryptocurrency was trading at an intraday low at $ 3,577, the lowest level since 18 December.
According to CoinMarketCap statistics, the broad sell-off has canceled more than $ 15 billion from the total value of all digital currencies, whose currency is $ 122.6 billion.
"After a positive start at 2019 with slightly higher prices, the sale returned with a burst to the cryptocurrency space, supported by a considerable volume of deposits.The double-digit losses were recorded in some currencies, while Ripple (the XRP currency ) has overtaken Ether to become the second largest market capitalization token, "wrote Nick Cawley, a Daily FX analyst.
"The sale was accompanied by a strong turnover – just under $ 20 billion – usually a bearish sign, especially after the quiet market conditions to date.The cryptocurrency market as a whole lost just under $ 9 billion in an hour. "
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Altcoin, cryptocurrencies other than bitcoin, are showing significant losses on Thursday. Ether lost 16.2% to $ 125.35, Litecoin
LTCUSD, -16.96%
it was 17.4% to $ 32.33, Bitcoin Cash
BCHUSD, -16.51%
it was 16.3% to $ 132.40 and XRP,
XRPUSD, -11.00%
it was trading 12.4% less at 32 cents.
Bitcoin futures followed spot down prices on Thursday. The February contract for Cboe Global Markets
XBTG9, -10.41%
XBTG9, -10.41%
XBTG9, -10.41%
it was out of 9% to $ 3,625 and the February contract of the CME group
BTCG9, -10.05%
he had lost 10.6% to $ 3.560.
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