Hey ninja’s, how’s the trading going? Before Bitcoin’s drop to $3,600 on the 12th of March, the outcome was predicted by the CEO of BitMEX Arthur Hayes and a pseudonymous trader popularly known as “crypto Capo”. This week Capo once again predicted another fall in Bitcoin ranging from $2,100 to $3000.
Bitcoin dipped below $7K on the 10th of April and is trading at $6,858 at press time. The largest cryptocurrency is down 1.12% in the last 24 hours and its market cap value is over $125 billion at press time.
The second-largest cryptocurrency Ethereum is also reporting daily losses of 1%. Ether was initially trading around $170, much like Bitcoin, the top altcoin dipped to trade around $150. At press time Ether is trading at $158 and its market cap value is over $17 billion. At press time, Ripples XRP is trading at $0.19 and is reporting daily gains of 0.63%.
Top cryptocurrencies EOS and Litecoin are also reporting moderate losses in the last 24 hours. EOS is down 0.32% and is trading at $2.51 at press time. Litecoin is also down 1.48% in the last 24 hours and is trading at $42.31 at press time. The total market capitalization of all cryptocurrencies at press time is $195,653,946,686.