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Cryptocurrency markets seemed to have a growth period in 2019, with marginal increases across the board. Today, however, tokens have suffered a backlash and are traded in red. The data taken from Coin360.com show the current state of affairs.
Bitcoin, which held around $ 4000 USD, fell to around $ 3600 USD. The CoinMarketCap charts show how, over the course of a week, Bitcoin jumped up, held down and then came back. The cryptocurrency is known for volatility and this reminds us that we can never be sure what the market could do.
Ripple, which is now back in second place in the markets and trading as altcoin top has also lost the volume of trading and the value of coins. The XRP is now trading at $ 0.333493 USD – a decrease of 3.92% in daily trading.
Ethereum, taking the third place on the podium, is facing a decrease of 6.36%. Although it is still trading above $ 100 USD to $ 125.95 USD, it is still down compared to the $ 152.35 USD it saw on Wednesday.
TRON's TRX lost 10.41% of its trading volume, after rising by 16.13%. Although Bitcoin and the top up and down altcoin could be obvious, the peak in TRX is absolutely dramatic in comparison. TRX is now trading at $ 0.025139 USD.
If the market can correct itself after the crash of November last year, it could still be an auspice in 2019. Meanwhile, the moderate up and down is the nature of the cryptocurrency industry. Higher and lower, however, could lead to a healthier ecosystem more quickly.
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