• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
bear chart bleeding
Nexo Logo

Crypto Markets Dump $15 Billion in 18 Hours

Martin Young by Martin Young
4 years ago
in Cryptocurrency news, Market Wrap
Reading Time: 2 mins read
Advertisement

FOMO Moments

Markets are dumping in crypto land; XRP hangs on but Bitcoin, VeChain, Icon and Polymath slide.

Markets have dumped overnight and the selloff has continued leaving crypto land in a sea of red this morning. Roughly $12 billion has been shed from cryptocurrencies on the day as total market capitalization plummets back to just over $270 billion.

Bitcoin has lost around $500 equating to 5.3% at the time of writing. It is currently trading at $7,585 after falling hard to around $7,500 a few hours ago. Trade volume for BTC has risen slightly though but short term signals are bearish. Ethereum is down 4% at the moment, trading at $425.

Predictably altcoins have been battered with several losing double digits. Looking at the top ten only Ripple’s XRP is making a gain, up 2.6% to $0.448. The announcement that Bill Clinton will be a keynote speaker at the firm’s upcoming Swell Conference has driven momentum for XRP.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

We're thrilled to announce @BillClinton as keynote speaker for this year’s #SwellbyRipple. For more details: https://t.co/KYQgI4YrWv pic.twitter.com/XSo46T2s3d

— Ripple (@Ripple) July 31, 2018

The rest are all down 3-4% with Bitcoin and Ethereum taking the biggest hits. Further down the charts the losses are heavier with VeChain taking an 11% dive to $2.12, Monero and Tezos both dropping over 5% and Neo plunging below $30.

Following its pump yesterday Polymath has dumped losing all gains and retreating 23% to $0.362. The classic pump and dump pattern followed a Binance listing which failed to boost the coin any further. Also getting bashed up today is Bitcoin Private, Pundi X, Ark, Aelf and Icon with double digit declines. Very few altcoins are surviving the drop but Kucoin Shares and ODEM are among them.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Total crypto market capitalization has fallen just under 4% on the day to $272 billion. Over $15 billion was dumped from the markets in just 18 hours. There seems to have been a slight rebound but a weak one and the bears are in control once again. Trade volume for all cryptos has remained stable at $15 billion.

FOMO Moments is a section that takes a daily look at the top 25 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.

Tags: bearishbitcoincrypto marketsRipplexrp
Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Martin Young

Martin Young

Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.

Related Posts

crypto bitcoin btc btcusd Ethereum

Why Crypto Is “Likely To Dump” As It Lags The S&P 500, Expert Says

60 mins ago
bitcoin

Outflows Rock Bitcoin As Institutional Investors Pull The Plug, More Downside Coming?

1 hour ago
Fetch.ai Announces DabbaFlow, A File Sharing and Data Management Platform

Fetch.ai Announces DabbaFlow, A File Sharing and Data Management Platform

2 hours ago
What Is Play-and-Earn by BeaRex and Why It Is Revolutionary for GameFi

What Is Play-and-Earn by BeaRex and Why It Is Revolutionary for GameFi

11 hours ago
More security, transparency, and scalability: What blockchain needs for mass adoption

More security, transparency, and scalability: What blockchain needs for mass adoption

12 hours ago
CoinEx Institution|From NFT to NFT-fi: Real Demands or False Propositions?

CoinEx Institution|From NFT to NFT-fi: Real Demands or False Propositions?

12 hours ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
BC.Game

BC.Game

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
BC.Game

BC.Game

Review · Visit

When Marketplaces Meet Predictions: The Curious Case Of Fair Prediction Launches

June 28, 2022

Globiance Goes Live on CoinMarketCap And 6 Exchanges (CEX)

June 28, 2022

Why is Klein Finance so important to KCC (KuCoin Community Chain)?

June 28, 2022

LBank Exchange Will List SENSO on June 28, 2022

June 28, 2022

LBank Exchange Will List LOOT on June 29, 2022

June 28, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.