Happy good Friday to everyone irrespective of your religion. We are in the holy week and under quarantine on both occasions for our own future.
Bad news for all Cryptocurrency lovers, holders, hodlers and traders as 75 percent of Crypto assets all incur losses in the cryptocurrency market due to drop down in value. Cryptocurrency market was down over 5% within the last 24 hours.
A total of 5.7% of assets or markets prices of all cryptocurrencies including BTC, LTC, Eth, BCH, EthC, BAT, ZCASH, etc have been lost within 48 hours.
In the last 24 hours only three cryptocurrencies had an upward development or price increases. They are Dash, Dai and Orchid. The rest all incurred losses from 1.64% to 9.79%. the standard loss in percentage stands at 5%.
The picture below shows the current prices of all 20 major cryptocurrencies listed in coinbase with their percentage increase or decrease:
Bitcoin of all returned back to the $6k plus from $7k it jumped to after a few days.
BAT dropped down significantly to $0.16 per BAT after moving up with confident yesterday to $0.18.
Bitcoin Cash was the biggest loser with 9.79% after it's halving followed by BAT with a loss of 9.13%.
Etherium and litecoin also very much disappointed with 5.9% and 5.8% losses. Meaning all the 20 major cryptocurrencies listed on coinbase had significant losses.
The last two days has seen a decline in the price values of all cryptocurrencies combined. Are we turning backwards or is the Coronavirus still having negative effects oe impacts on cryptocurrencies?
Will we see a price surge again? Will the national crisis be over and will the trade market ever regain itself from the Coronavirus shock? Let me have your views in the comment box below 👇👇👇👇