The first three weekly losers: Ethereum [ETH], Bitcoin Cash [BCH]and EOS loses ground

The first week of 2019 was a good sign for the entire cryptocurrency market, like Bitcoin [BTC] he was doing well when he passed the $ 4000 line. Every other cryptocurrency was enjoying the short-term rally, but this was a short-lived rally.

On 10 January 2019, the price of Bitcoin fell by as much as $ 250 less than an hour, and the entire cryptocurrency market plummeted by $ 10 billion.

Ethereum [ETH]

Source: CoinMarketCap

As for the second week of January 2019, the markets were in a very upset, as the main losers this week were Ethereum, which lost a massive 19.11% in a matter of 7 days. As a result, Ethereum became the biggest loser of the second week.

The price of Ethereum fell from $ 157 to $ 127 in a week, while market capitalization fell from $ 16 billion to $ 13 billion.

The 24-hour volume for Ethereum is stable at $ 2.42 billion and DOBI Exchange provides most of the commercial volume via the ETH / BTC trading pair. The DOBI exchange contributes a total volume of trade of $ 97 million.

Bitcoin money [BCH]

Source: CoinMarketCap

Bitcoin Cash comes in second place with its price change of 7 days to 16.58%. The price of Bitcoin Cash started trading at $ 166, which fell to $ 130 in a week.

The market capitalization of BCH has fallen from $ 2.91 billion to $ 2.30 billion and the 24-hour trading volume shows a total of $ 203 million, which is most contributed by the Huobi exchange through the BCH / USDT trading couple . The exchange provides a total volume of $ 23 million to the total volume of trade.

EOS

Source: CoinMarketCap

EOS is the third biggest weekly loser. The 24-hour price change is 10.89% with the price falling from $ 2.73 to $ 2.42 by the week.

The market capitalization for EOS has plummeted from $ 2.4 billion to $ 2.2 billion, which, compared to the aforementioned losers, is considerably lower.

The trade volume of EOS is comparatively lower than ETH, as it is $ 717 million. The Bibox exchange provides a total of $ 76 million in trading volume through EOS / ETH, EOS / BTC and EOS / USDT trading pairs.

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Akash is your usual Mechie with an unusual interest in encryption and day trading, ergo, a full-time AMBCrypto journalist. He holds XRP because of peer pressure, but otherwise he found the day of trading with what little capital he owns.