Bitcoin loses $500 in 5 Minutes

Hey ninjas, how’s the trading going? The largest cryptocurrency Bitcoin appreciated over $9K for the first time in 2020. BTC reached its highest point since November trading at $9,194 but lost about $514 in 5 minutes to trade around $8,636. At press time, Bitcoin is down 2.98% and is trading at $8,636. Bitcoin market cap value at press time is $157,000,720,732, down 5 billion in the last 24 hours. 

Much like Bitcoin, Ethereum, the largest altcoin by market cap is also reporting moderate daily losses. Ether closed yesterday trading around $174, at press time Ethereum is trading at $165 and is down 5.41% in the last 24 hours.

Yesterday, ether closed with a market cap value of over $19 billion. At press time, ETH market cap value is $18,095,362,975, down $1 billion in the last 24 hours. 

The second-largest altcoin Ripples XRP is also reporting moderate daily losses. At press time XRP is down 4.8% and is trading at $0.23. XRP reached its highest point of the day yesterday trading at $0.24 before depreciating today.

XRP market cap value is also reporting moderate losses, XRP market cap at press time is $10,166,641,451, down $500 million in the last 24 hours. 

Don’t always forget to holla at Ninja Discord anytime to talk about cryptocurrency. You can as well check out our exclusive Ninja coin giveaways and Trading View analysis. 


Leave a comment

Please note, comments must be approved before they are published