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Cryptocurrency Price Update: BTC, ETH, LTC, BAT etc Goes Down 2 Days In A Row Ahead Of BTC Halving

By Dominus1 | My News Gh | 11 May 2020

848a4550438f58d92eaf48eee5928aa1e5702feb7ded9352dd6f57f9b820211f.jpegWith some few hours left for Bitcoin halving to take place, the cryptocurrency market prices for have taken a nose dive.

Though not all of them had price reduction or decrease in value, but the majority of them did have price value decreased in percentages.

Among the cryptocurrency tokens and assets which had percentage decreases are Bitcoin, Litecoin, Ethereum, BAT, Bitcoin Cash etc. Kyber Network and Augur were the gainers according to the top 20 cryptocurrencies listed on coinbase.


The overall percentage decrease for the Cryptocurrency market was 1.45 Percent as shown in the screenshot above.

Chainlink (-0.07%) was the least affected whiles Ox (-7.84%) was the most affected (in terms of price drop).

Augur and Orchid which were the gainers had percentage increases of 7.61% and 6.39% respectively.943d380395bbe0f09227f8902fa955a083ab80711c49ba622f0bac3643c76171.jpeg

Ahead of Bitcoin's halving which is some hours away, Bitcoin dropped in percentage value of -1.10%. and it's the second day in a row in which the price of Bitcoin has gone down after reaching over $9,000 last week.

Ethereum, Litecoin, Bitcoin Cash, XRP Cosmos ATOM, ZCash also followed Bitcoin in dropping their values with percentage decreases of -.57%, -2.91%, -2.31%, -2.15%, -5.07% and -3.90 % respectively.9e7fafc8033ba60bb768a5d631d5401704bf4f1c744701f395c0d08a0f166789.jpeg

Other assets and utility tokens which were also affected as a result of Bitcoin Price correlation are Ethereum Classic -3.20%, Dash -4.20%, EOS -2.06%, Tezos -5.78%, Chainlink -0.07%, Stellar Lumens -2.16%, Ox -7.84%, Dai -.57%, Kyber Network -1.43%.

BAT, which is the most popular token on Publish0x was also negatively affected. It had a decrease of -2.92%.

As I said earlier, Bitcoin halving will will happen in some hours time, (I don't know the exact time in which the halving will take place) that is from now to tomorrow afternoon.


What will be the exact price of Bitcoin at the time of the halving?

Winner will be announced on Wednesday.

Price will receive 5 BAT.

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

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