Bitcoin Impact: Cryptocurrency Price Market Is Down By 9.74 Due To Heavy Bitcoin Fall

Bitcoin Impact: Cryptocurrency Price Market Is Down By 9.74 Due To Heavy Bitcoin Fall

By Dominus1 | My News Gh | 10 May 2020


9e7fafc8033ba60bb768a5d631d5401704bf4f1c744701f395c0d08a0f166789.jpegIt already 2 days left for Bitcoin halving and the impact with which it has had on all cryptocurrency assets is massive.

Recently, the price of cryptocurrencies including BTC, LTC, BCH, ETH, BAT, etc have soared higher after a month of sinking due to the negative impact of the novel pandemic Coronavirus.

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But over the last 12 hours, Bitcoin and other assets have dropped 9.74 percent in market price values combined.

With the top 20 tokens or digital assets listed on coinbase, only Dai and USDC remained positive and neutral in that order, the 18 other assets all had losses in values.

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The screenshot above shows the current prices and percentage decreases of all the top 20 cryptocurrency tokens and assets.

Dai stable coin had an increase in price value of 0.33 percent with pricewprice staying at $1.01 whiles USDC remained constant at $1.00.

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Bitcoin which is the first ever cryptocurrency and the leading asset with huge value and potential had a decrease in price percentage of 9.41% with price of $8,757.87.

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Etherium , XRP, Bitcoin Cash, Litecoin all depreciated in percentages of -10.68%, -9.77%, -12.24% and -12.11% respectively.

BAT, Zcash, Dash and ATOM were also negatively impacted with decrease in percentages of -16.54%, -8.61%, -9.73% and -9.30% in that order.

The least affected token was Chainlink which decreased -3.14%.

With less than 2 days to the bitcoin halving, do you think cryptocurrency stock markets will go down again or go up as it has for some days now? 

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Dominus1
Dominus1

A young Ghanaian with interests in Blogging and Crypto. A Content creator. Am an avid football fan and a 3D Epoxy installer.


My News Gh
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