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By the end of 2018, the cryptocurrency market tried to keep its grip on the bullish trend that had excited the cryptic verse just a week ago. A 7-day period that has seen double-digit increases across the board, the market is feeling the pressure of the bear right now. The three biggest losers among the 10 best cryptocurrency clubs were Ethereum [ETH], Bitcoin Cash [BCH] and Litecoin [LTC].
At the time of writing, Ethereum [ETH] it was down 7.75% with a total market cap of $ 12.929 billion. The cryptocurrency was trading for $ 124.28 with a 24-hour market volume of $ 2.543 billion. Most of the trading volume was held by OEX, which had a stake in ETH transactions of $ 183.007 million. OEX was closely followed by OKEx, with the platform recording 4.38% of all Ethereum exchanges.
The next on the list was Bitcoin Cash [BCH], sliding at the rate of 7.20%. The cryptocurrency held a total market capitalization of $ 2.934 billion and traded $ 167.36. The 248.8 million dollar trading volume of 24-hour cryptocurrency was mainly split between Huobi and Upbit. While Huobi controlled 12.22% of all BCH exchanges, the company had a share of $ 5776 million in total trading volume.
The position of the third largest loser was held by Litecoin [LTC], with the cryptocurrency that falls of 5.35%. Litecoin was traded for $ 30.05 with a market capitalization of $ 1.80 billion and a 24-hour volume of $ 463.86 million. Litecoin has also been in the news recently when its creator, Charlie Lee, talked about the market crash and its implications.
He said:
"I said in my tweet, that the price of Litecoin has previously lost 90% from its maximum, so that's how the market is volatile and at the time of the tweet, Litecoin had just reached two hundred dollars. you can not, if you can not resist, go back to 20, which is 90%, so do not enter.
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