Crypto Markets sees Slight Slump, Ethereum can not support $ 300


Saturday, August 18: Cryptographic Markets have seen another crash today, with some currencies swinging following weekly gains, according to Coinmarketcap data. Total capitalization has fallen to $ 210 billion at the time of printing

  Market view

Market view from Coin360

Bitcoin (BTC) has been down 1.79% in the last 24 hours, traded at $ 6,396 at the time of printing, with the highest cryptovalute that saw an intraday high of $ 6,562. about 13% in the last 30 days, while holding weekly earnings, according to Coinmarketcap

  Bitcoin 30 days price chart

Bitcoin 30 days price chart. Source: Cointelegraph Price Index

Ethereum (ETH) failed to hold a support of $ 300, trading at $ 291 at the time of printing. The major altcoin suffered a loss of 3.74% over a 24-hour period, even failing to maintain the pace during the week with a loss of 11% over the last 7 days.

  Ethereum price chart "src =" https: // s3 / storage / uploads / view / 1b9b99cf390692317b65ab1ce405dd7e.jpg "title =" Ethereum price chart "/> </p>
<p style= Ethereum Source: Ethereum Cointelegraph price index

The total market capitalization has taken a downward trend today, down by $ 208 billion At the time of printing, total market capitalization saw modest growth, now amounting to $ 210 billion

  Intraday Total market capitalization chart "src =" uploads / view / 35f59877f35e12f0caec01ff076f88dc.jpeg "title =" Intraday Total market cap "/> </p>
<p style= Intraday Total market capitalization graph. Source: Coinmarketcap

While the market cap is falling, Bitcoin maintains its position in the encrypted market, with a dominant position at 52.27% at the time of printing.

Ripple (XRP), the third largest altcoin by market capitalization, also took a hit, down 6% on the day and currently trades at $ 0.31.

Ripple recently collaborated with three cryptographic exchanges to develop the cross-border xRapid payments service, allowing a "healthy" ecosystem for transactions between XRP and the United States. dollars, mexican pesos and philippines pesos.

  Ripple 7 days price chart "src =" "title =" Ripple 7 days price chart "/> </p>
<p dir= 7-day ripple Source: Cointelegraph XRP

Stellar (XLM) and Monero (XMR) price index are also down 2.3% and 0.6% in the last 24 hours, respectively Stellar is trading at $ 0 , 22, while Monero stands at $ 96.19 at the time of the press.

Ethereu m Classic (ETC), which was recently quoted by Coinbase, the main exchange service and cryptographic portfolio in the United States, renounced its eleventh position in the TRON market (TRX), according to Coinmarketcap, now 12th place, ETC is down 7.8%, currently trading at $ 13.09.

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