Hello Ninjas! We are starting the week in a bloody mood. The bears are taking over. Will the bulls fight back?
On the 10th of June, most of the top 20 cryptocurrencies experience moderate losses, Bitcoin (BTC) has once again fallen below the $8,000 margin.
Bitcoin is currently trading around $7,870 as at the time of writing this report, down 3% on the day and on the chart Bitcoin is down over 8%.
Ether, the largest altcoin currently stands at $26 billion, the coin has seen its value decrease by 3.5% and is currently trading around $244. The coin has also gone down over 8.6% on its chart.
XRP, the second largest altcoin currently stands at $17.3 billion, the value of the coin decreased by 4% and is trading at $0.409. The coin reportedly went down 55 on its weekly chart.
Amongst the top 20 cryptocurrencies, Tezos (XTZ) has reported the most losses, the coin is down over 8%.
The total market capitalization of all cryptocurrencies is currently at $251 billion, 7.2% lower than its value reported a week ago.