The cryptocurrency market continues to move as part of a bearish trend amid growing investor frustration. The total market capitalization of digital assets is at $ 108 billion. Moods and technical factors drive the market and create a downward spiral for virtual money.
Bitcoin (BTC) over the past 24 hours fell by 0.94%, trading at $ 3,457. The first digital coin was in a narrow range from the early Asian hours amid low trading activity as investors try to find out if the market has reached bottom.
The Ripple Price (XRP) hovers around $ 0.30. The coin is in a narrow range due to indecision on the market. The second largest market capitalized coin in $ 12.4 billion moves in sync with other coins, despite some positive news from Ripple.
Ethereum (ETH) , the third largest digital asset, is trading in recent days at $ 87.74. The market capitalization of the coin is $ 9.4 billion, and the average trading volume is $ 1.7 billion dollars (unchanged from yesterday). Ethereum follows the general trend of the cryptocurrency market, although the coin must recover above $ 100 to alleviate immediate bearish pressure.
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