Cryptocurrency trading: Crypto Market Loses $15 Billion in a Day as Bitcoin Slips

Cryptocurrency

The Cryptocurrency trading market saw a sharp twist this Thursday, with the CoinMarketCap chart noting an 8.11 percent drop as bitcoin slipped.

Cryptocurrency trading: Crypto Market Loses $15 Billion in a Day as Bitcoin Slips

Bitcoin, the most dominant asset across the global cryptocurrency index, plunged 4.24 percent in what appeared like a technical correction.

The cryptocurrency on April 2 had undergone a surprising bullish makeover, jumping more than 23 percent in just two hours.

The upside move pushed its trading sentiment into the overbought zone, which typically makes a profitable exit position for day traders.

The cryptocurrency trading market also saw second-most dominant Ethereum, post an aggressive 9 percent drop while XRP, the third-largest crypto, noted a 7 percent decline. Super bullish EOS, Litecoin and Bitcoin Cash also toppled in a range of 10-14 percent.

READ ALSO
Full Lists Of Blogging Micro Niches That Pays Well In Nigeria

The only exception came in the name of Crypto.com Chain. The blockchain project appreciated in valuation despite the session’s bearish sentiment, noting a 14-percent surge in the past 24-hours.



Stay Connected , follow us on: Facebook: @creebhillsdotcom, Twitter: @creebhillsblog, Instagram: @creebhills, Pinterest: @creebhills Telegram: creebhills

To place an advert/sponsored post on our site, contact us via [email protected], [email protected]
Previous articleJobs in Canada for foreigners: Pulping and Bleaching Operator International Paper
Next articleDavido Is Crazy : Chioma overjoyed after he bought her 2 million naira bracelet In Dubai
Pro Blogger, Online Content Developer with over 3 years of experience

LEAVE A REPLY

Please enter your comment!
Please enter your name here