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Cryptocurrency Trading Update: Bitcoin SV Enters Top Ten, Markets Still Falling

Photo #1 from Naranpar, India by Gaurav Raste made on 2018-11-27 09:49 for Sola

Crypto markets have failed to hold their gains from yesterday’s rally and are sliding back again today. Total market capitalization has fallen back below $125 billion as it eyes another new low this week.

A baby bounce that saw Bitcoin get back to $4,000 died as quick as it started as BTC is falling again today. Over the past 24 hours Bitcoin has bounced off support at $3,650 twice and it looks like this will not hold again. At the time of writing BTC was down 7% on the day trading just above $3,700.

Ethereum is weakening by the day and no rallies are in sight. ETH is also down 8% from yesterday’s minor gains, currently at $105. The top ten is painting a grim picture once again as most cryptos are sliding between 6 and 9 percent on the day. Stellar has taken the biggest dive and Monero has been knocked out of the top ten by a new entry.

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India, Naranpar
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