Cryptocurrency Market Update: Weekend Gains Turn into Monday Losses
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Cryptocurrency Market Update: Weekend Gains Turn into Monday Losses

THELOGICALINDIAN - FOMO Moments

The weekend drive has appear to a arrest on Monday and markets accept pulled aback a little. Total bazaar assets could not breach over the $280 billion barrier and has collapsed back.

Bitcoin begin attrition at $6,800 and has remained aloof beneath it at $6,780. The abridgement of bullish activity has pulled best of the added cryptocurrencies aback into the red again. Ethereum has pulled aback 1.5% in the accomplished 24 hours to barter at $485. Best of the altcoins are in the red at the moment and accept absent assets fabricated over the weekend.

EOS currently has the better abatement in the top ten, falling by 4.5% on the day to $8.60. This puts it aback at a agnate akin to the aforementioned time aftermost Monday, barter aggregate over the accomplished day has remained at about $500 million. Stellar and Monero are assuming accessory assets of amid 1-2% but annihilation significant.

In the top twenty VeChain is the better also-ran with a 4.8% abatement on the day to $2.48. Just alfresco it OmiseGO and Ontology accept both absent amid 5-6% wiping out all assets over the accomplished 48 hours.

Tezos already afresh has connected to ascend and according to Coinmarketcap has acquired for the third day in a row, today by 2.8%. Currently trading at $2.21 XTZ is hardly up from $2.13 this time yesterday. A agnate accretion can be abstinent adjoin Bitcoin, 3.5% to 32900 satoshis.

To acquisition addition altcoin in the blooming we accept to go added bottomward the account to 33rd atom area DigiByte can be begin trading 10% higher. DGB is currently at $0.042, up from a low of $0.036 yesterday. Only Mixin and Monaco are assuming bifold chiffre assets at the time of writing. Bitcoin Diamond is adversity the best with a 24% abatement on the day.

Total crypto bazaar assets has diminished by 1.3% on the day to $273 billion. Daily barter aggregate has collapsed from $12 to $11 billion advertence a arrest in momentum. The abutting administration is adamantine to adumbrate as neither bears or beasts are accepting the high duke at the moment.

FOMO Moments is a area that takes a circadian attending at the top 25 altcoins during the accepted trading affair and analyses the best assuming one, attractive for trends and accessible fundamentals.