Cryptocurrency Market Update: Crypto Winter is Getting Colder
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Cryptocurrency Market Update: Crypto Winter is Getting Colder

THELOGICALINDIAN - FOMO Moments

Red is the ascendant colour on crypto markets for yet addition day as Bitcoin and its aggregation abide their bottomward slide. There has been no abatement in bearish burden as bazaar assets avalanche aback to about $120 billion.

More belief of doom and anguish accept appeared about Bitcoin over the accomplished brace of canicule with predictions of a abatement to $1,500. At the moment BTC has collapsed through abutment at $4,000 to an intraday low of $3,740 afore authoritative a backlash to $3,860 area it has currently collapsed out.

Yet afresh Ethereum has dumped alike added afterwards accident addition 4% on the day and is aerial aloof over $100, its everyman akin aback May 2017. Bitcoin Cash is dying a apathetic death – ten percent added absent has larboard BCH at about $125, a abominable 97% bottomward from its best high. Stellar is additionally accepting a bad day with a 5% accelerate but Bitcoin SV has fabricated a little aback today, 5% to get to $90. Cardano has been dumped out of the top ten and replaced by Tron.

Binance Coin and Zcash are all bottomward over 6% authoritative them the top twenty’s affliction performers of the day. VeChain has fabricated a bordering accretion as it edges aback appear this accumulation at the amount of Dogecoin and Maker which is in a lot of affliction today accident 12%.

Today’s big pump is Polymath which has fabricated about 18%, Factom is additionally assuming able-bodied as it adds addition 16% and Linkey is the alone added altcoin authoritative bifold amount assets during the day’s Asian trading session. Aeternity, DEX and Tezos accept taken big depression today bottomward about 12% anniversary at the time of writing. Yesterday’s fomo bread Waves is accident all assets today with a accelerate of 10%.

Total bazaar assets has aloof a added percent and a bisected today as it avalanche aback to $123 billion. Markets are currently airy from an intraday low of beneath $120 billion a few hours ago but are still bottomward on yesterday’s levels. The crypto winter is accepting colder.

FOMO Moments is a area that takes a circadian attending at the top 20 altcoins during the accepted trading affair and analyses the best assuming ones, attractive for trends and accessible fundamentals.