Bitcoin Price Dips Below $9,000 and Top Cryptocurrencies Report Major Losses. 

Hey ninjas, how’s the trading going? The largest and most popular cryptocurrency Bitcoin crashed a few hours losing over $1,500 in 24 hours, BTC has not experienced such a rapid loss of value in months.

Bitcoin was initially trading at $8,150 after its price retracted but seems to have stabilized and is trading at $8,492 at press time. The largest cryptocurrency is reporting 12.75% losses in the last 24 hours and its market cap value is $152 billion at press time. BTC market cap dropped $17 billion.

The largest altcoin Ethereum dipped as well, losing almost $2 billion. ETH market cap value is $18 billion at press time. The largest altcoin is reporting 15.46% losses in the last 24 hours. Ether was initially trading at $202 dollars before dipping but is now trading at $167 at press time. 

Ripples XRP like the majority of the top 20 cryptocurrencies is reporting “double-figure” losses in the last 24 hours. XRP is down 11.82% on the day and is trading at 0.23 at press time.  XRP market cap reportedly went down more than a billion dollars in the last 24 hours and its present value is $10 billion at press time.

The second-largest altcoin was initially trading at $0.27 before dipping, will the top cryptocurrencies recover or dip further? 

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. 


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