THELOGICALINDIAN - Market Wrap
It looks like a Monday morning crypto bazaar dump has aloof been ignited. All above cryptocurrencies are breaking bottomward at the moment and branch added into the red. Following a anniversary of alliance and abortion to breach through attrition this has been expected. Total bazaar assets has dumped $4 billion and is branch appear $125 billion at the time of writing.
Bitcoin has spent best of the accomplished 24 hours amphibian about the $3,850 level; it hasn’t alike attempted to analysis $3,900 attrition again. A brace of hours ago things started to breach bottomward and BTC plunged to beneath $3,800, it is still falling at the time of writing, bottomward 2.4% on the day.
Naturally the agenda lemmings accept all followed suit, Ethereum no exception. With a 5% accelerate ETH has alone aback beneath $130 and is still branch south. Market cap is bottomward to $13.5 billion as the gap to XRP closes with the Ripple badge alone falling 3% in the rout.
A sea of deepening red has belted the top ten during Asian trading today as bill are offloaded. EOS and Bitcoin Cash are demography the burden of things auctioning 6% at the time of writing. Litecoin and Tron not far abaft with losses over 4% as bazaar caps erode.
The top twenty is all falling off the bluff this morning abrogation no survivors. Cardano and IOTA falling fastest appropriate now with 6% losses, and Bitcoin SV, Dash and Zcash are closing up with 5% falls.
Ravencoin Flying High
All of today’s FOMO is activity to Ravencoin which is still up 30% on the same time yesterday. The altcoin has accomplished a three ages aerial as it continues to spike. RVN is a badge based on an asset, aegis and banal tokenization belvedere that offers allotment payouts. Network advance and a Bittrex advertisement is befitting Ravencoin aerial while markets dump again.
RVN is accessible on @BittrexExchange, one of the ancient supporters of this project!
As with all barter listings, no fee was paid.
Raven is decentralized and has no funds, no offices, no leadership, no executives, no CEO & no one accustomed to assurance anything.Thanks Bittrex!
— Project Raven ?/ RVN / Ravencoin (@Ravencoin) March 3, 2019
Also still captivation up at the moment is MOAC which has a blooming 9% today. Double chiffre depression are activity on at THETA, Komodo, and Aelf appropriate now but that account is acceptable to abound until markets acquisition a new floor.
Two hours ago crypto markets dumped $4 billion falling to $126 billion at the time of writing. It is the better movement for over a anniversary but not one that has appear as a surprise. A lot of agnosticism and alliance consistently ends with a blemish and abounding had predicted that it would be on the downside.
Bitcoin has bootless to breach through attrition several times over the accomplished anniversary and yet afresh has pulled the blow of its aggregation into the red today. At the moment things are still falling so we will accept to delay and see area the agenda dust will achieve this time.
Market Wrap is a area that takes a circadian attending at the top cryptocurrencies during the accepted trading affair and analyses the best-performing ones, attractive for trends and accessible fundamentals.
