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Tuesday, January 15 – after a short recovery period yesterday, all the first 20 cryptocurrencies for market capitalization are falling again. The only exception to this are two Stethercane Tether (USDT) and USD Coin (USDC), which are currently in the green.
Market display from Coin360
At the time of printing, Bitcoin (BTC) is down 2.34% on the day, to trade at $ 3.655. The main cryptocurrency started the day above the psychological threshold of $ 3,700, while on the weekly chart the highest point was recorded on January 9 at $ 4,107.
Bitcoin 7-day price chart. Source: Cointelegraph price index
The second largest cryptocurrency by market capitalization, Ripple (XRP) lost almost 3% of its value in the last 24 hours, currently trading at around $ 0.32. The XRP has not undergone significant price fluctuations today, but is significantly lower than the intraweek high of $ 0.38 seen on January 9th.
7 days price chart ripple. Source: Cointelegraph price index
Ethereum (ETH) – which is currently ranked as the third largest crypto by market capitalization – is suffering a collapse, having lost about 7.5 percent in the last 24 hours. At the time of printing, the altcoin is trading at around $ 119.
As Cointelegraph previously reported, the highly anticipated update of Constantinople by Ethereum was delayed at least until next week, following the discovery of a critical security vulnerability that could unexpectedly be introduced into the network.
Ethereum 7-day price table. Source: Cointelegraph price index
All 20 other major cryptocurrencies are also solidly red, showing dips ranging from two to over 7 percent. The only exception is the USDT and USDC stteco standards, which increased respectively by 0.06 and 0.45%, according to CoinMarketCap data.
The total capitalization of the crypto-market is about $ 120.5 billion at the time of the press, down from the mid-week highs of $ 138.6 billion.
7-day chart of total market capitalization. Source: CoinMarketCap
A January 14 report by research firm Diar showed that the cryptocurrency trade closed 2018 with "record transaction volumes". Both the number of exchanges and the volume of exchanges increased significantly in the main cryptographic exchanges in 2018, compared to the 2017 data.
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