Monday 3 December – Crypto's markets again suffered a severe downturn, with all the major market capitalization currencies having seen significant losses in the 4% and 10% range, as shown by Coin360 data.
Viewing the Coin360 market
Bitcoin (BTC) fell below the price of $ 4,000, down about 7 percent of the day to trade at $ 3,868 at the time of printing. Despite the rebound of up to $ 4,400 on November 29, the best currency today saw a drop from a maximum of 24 hours of about $ 4,135 to a minimum of $ 3,846 in the last few hours.
Having lost mid-week earnings, Bitcoin is also breaking more or less on its 7-day chart, up only by a fraction of a percentage; Monthly losses are net of 39.6 percent, according to Cointelegraph's Bitcoin Price Index.
Bitcoin 7-day price chart. Source: Cointelegraph bitcoin price index
According to Crypto by market capitalization Ripple (XRP) is down about 5 percent during the day, trading at $ 0.34 at the time of the press, according to Cointelegraph's Ripple price index. Ripple's weekly and monthly charts are also red, with losses of 7.6% and 23.7% respectively.
Ripple is down by around 5.6 percent on the 24-hour XRP / USD chart, as shown by CoinMarketCap data.
7 days price chart ripple. Source: CoinMarketCap
Third-party cryptography by market capitalization Ethereum (ETH) has plummeted in the last hours of trading, down nearly 8% to trade at $ 107 at the time of printing. Having traded up to nearly $ 119 towards the end of yesterday, the alt suffered a slight decline in prices at the start of this morning to trade around $ 115, before seeing a significant collapse in the last two hours until at current levels.
In the week, Ethereum is 4.6% in red, with monthly losses pushing for 46%.
Ethereum 7-day price table. Source: CoinMarketCap
All the remaining top ten coins on CoinMarketCap are seeing the red, with EOS (EOS) the strongest hit, with a 10.3% drop in the day to $ 2.64. This week, EOS has become mired in a renewed controversy over a transition from one of the so-called "block producers" of the ecosystem: the furor comes shortly after news that the CTO of Block.One Daniel Larimer seems to nurture plans for a project separate cryptocurrency.
Even the largest-ranked Crypto Litecoin (LTC) declined 9.25% per day to trade at $ 30.82.
The new bitcoin "Bitcoin SV" (BSV), in ninth place, is down 8% to $ 92.39, with Bitcoin Cash (BCH), in 5th place, down 7.4% to $ 160.60.
The coins remaining in the top twenty by market capitalization all see losses between 5 and 10 percent. The IOTA (MIOTA) fell just 9 percent to trade at $ 0.27: the privacy-focused Monero alt (XMR) is down 8.8 percent to $ 54.75. Similar losses hit Neo (NEO), Dash (DASH) and ZCash (ZEC), down respectively by 9, 8.4 and 9.9 percent.
The total market capitalization of all cryptocurrencies has fallen to around $ 125.7 billion since the press, down $ 10 billion from its 24-hour high to $ 135.7 billion.
At the top of the 24-hour chart of the total market capitalization of all CoinMarketCap cryptocurrencies
China once again sent anti-crypto signals renewed this week, yesterday with the Director General of the Beijing Municipal Bureau of Labor who reports that the collection of security securities (STO) is an 'activity' "illegal" in the country (as well as the initial currency Offers (ICO), from September 2017).
Despite the weak cryptic action on the market, the strong Bitcoin community (BTC) subreddit "/ r / Bitcoin" – which was founded in September 2010, almost two years after the release of the Bitcoin white paper – hit the million subscribe yesterday, December 2.