https://www.coindesk.com/major-cryptocurrencies-are-hitting-2018-lows-to...
Bitcoin's drop to an 11-day low of $7,438 is hogging the limelight, as usual, but other cryptocurrencies are struggling, too.
Today, ether (ETH), Ripple's XRP and bitcoin cash (BCH) all dropped to fresh lows for the year so far. Thursday's market developments highlight the continued crunch in the crypto markets, which has solidified in the months since many crypto-assets soared to all-time highs.
Indeed, during the first week of January, the overall market capitalization of the cryptocurrency market exceeded $800 billion - as of today, that figure has dropped to roughly $275 billion, according to data from CoinMarketCap.
Ether
Ethereum's ether token, the second-largest cryptocurrency by market capitalization, continues to take a beating, and as of press time threatens to drop below the $400 mark. ETH has depreciated by 10 percent in the last 24 hours and is down 47 percent on a year-to-date basis.
It's worth noting that the 14-day relative strength index (RSI) shows that the cryptocurrency is at its most oversold level since December 2016 and, hence, could see a sharp rally if the broader markets regain poise.
XRP
XRP fell to $0.53 soon before press time - the lowest level since Dec. 14, according to CoinMarketCap. The cryptocurrency's value has depreciated by 8.8 percent in the last 24 hours and, on a year-to-date (YTD) basis, it is down 76 percent.
The world's third-largest cryptocurrency hit a record high of $3.84 on Jan. 4, and since then has been steadily losing altitude in line with the broader market. However, as seen in the chart below, the sell-off looks overdone.
Bitcoin cash
Meanwhile, bitcoin cash dropped to $757 today, the lowest level since Nov. 10, and was last seen trading at $785. Cryptocurrency payment processor BitPay announced yesterday that it has added support for bitcoin cash - however, the news has failed to put a floor under prices.
The fourth-largest cryptocurrency is down 12 percent on a 24-hour basis, while on a year-to-date basis, it has depreciated by 70 percent.
Top of Page Bottom of Page PermalinkFull Name: ________ Heybrochacho
on Thursday, March 29, 2018 – 07:50 pm
buy high sell low
buy high sell low
enjoy the global financial meltdown 2.0
Top of Page Bottom of Page PermalinkFull Name: ________ Heybrochacho
on Thursday, March 29, 2018 – 07:56 pm
BTC
March 2010: $0.003
March 2011: $1
March 2012: $5
March 2013: $80
March 2014: $600
March 2015: $250
March 2016: $400
March 2017: $950
March 2018: $8,500
Top of Page Bottom of Page PermalinkFull Name: Hitchhiker awaiting "true call" Knotesau
on Thursday, March 29, 2018 – 08:01 pm
When did you get in?
When did you get in?
Top of Page Bottom of Page PermalinkFull Name: ________ Heybrochacho
on Thursday, March 29, 2018 – 08:03 pm
march 2009
march 2009
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Thursday, March 29, 2018 – 08:15 pm
https://youtube.com/watch?v
https://youtube.com/watch?v=3KquFZYi6L0
Top of Page Bottom of Page PermalinkFull Name: smiley 73guy
on Friday, March 30, 2018 – 11:52 am
Same cycle of excited runup
Same cycle of excited runup followed by a return to normalcy we saw in 2011 and 2013. This is the end of the 2017 cycle.
Nothing new to see here.
Last sold at $17500 and have been dipping back in sub $7500 here and there.
Top of Page Bottom of Page PermalinkFull Name: Jay Siobud
on Friday, March 30, 2018 – 03:12 pm
EOS is going live in June.
EOS is going live in June. Built for scalability.. I like the transparency of their development team and Dan Larimer's past speaks for itself. Holding out and excited. A platform that will bring dApps to mainstream audience/use.
Top of Page Bottom of Page PermalinkFull Name: _ ender
on Friday, April 6, 2018 – 11:49 am
That 51% attack on verge is a
That 51% attack on verge is a hell of a proof of concept.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Friday, April 6, 2018 – 02:16 pm
Is it a buy at $6000?
Is Bitcoin a "buy" at $6600?
Top of Page Bottom of Page PermalinkFull Name: smiley 73guy
on Thursday, April 12, 2018 – 06:57 pm
I think so, Steve.
I thought it was, Steve.
been a good afternoon.
Top of Page Bottom of Page PermalinkFull Name: good at drinking water infinite ignorance
on Thursday, April 12, 2018 – 10:37 pm
is bitcoin a "buy" at 7800?
is bitcoin a "buy" at 7800?
Top of Page Bottom of Page PermalinkFull Name: smiley 73guy
on Sunday, April 15, 2018 – 01:33 pm
it seems it might have been
it seems it might have been steve.
i didnt. feel pretty good about my position currently.
Top of Page Bottom of Page PermalinkFull Name: Fly Fly
on Friday, April 20, 2018 – 03:37 pm
about 20 bucks
about 20 bucks
https://www.bloomberg.com/news/features/2018-04-19/what-bitcoin-is-reall...
Top of Page Bottom of Page PermalinkFull Name: smiley 73guy
on Thursday, May 23, 2019 – 07:32 pm
AT&T just announced they will
AT&T just announced they will start accepting Bitcoin as payment.
There are only 21 million of these things (with perhaps 4-5 million lost)
Get off zero and get yours before it's too late.
<<is bitcoin a "buy" at 7800?
It sure was at $3800 a few months back.
I hope you grabbed some!
Top of Page Bottom of Page PermalinkFull Name: Hitchhiker awaiting "true call" Knotesau
on Saturday, May 25, 2019 – 10:30 am
>>>>AT&T just announced they
>>>>AT&T just announced they will start accepting Bitcoin as payment.
Too much fun.
Top of Page Bottom of Page PermalinkFull Name: smiley 73guy
on Sunday, May 26, 2019 – 05:42 pm
BTC $8700 today.
BTC $8700 today.
Now, that's fun!
Top of Page Bottom of Page PermalinkFull Name: Hitchhiker awaiting "true call" Knotesau
on Sunday, May 26, 2019 – 06:29 pm
What is more fun than buying
What is more fun than buying more money you can use for AT&T?
Top of Page Bottom of Page PermalinkFull Name: smiley 73guy
on Sunday, May 26, 2019 – 10:18 pm
Not much, my friend.
I'm getting old.