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Crypto Today: Black Monday affect

(Mon, 9 Mar 2020). Black Monday took BTC below $8,000 and altcoins are bleeding. BTC/USD broke below $8,000 during early Asian hours and tested $7,789. At the time of writing the first digital coin is changing hands at $7,950. BTC has lost over 20% since Friday amid massive sell-off on the cryptocurrency markets.

ETH/USD dropped below $200.00 and touched $196.57 during early Asian hours. However, by press time the coin has recovered to $207.50. ETH/USD is currently trading with 3% of gains since the beginning of the day and down 10% on a day-to-day basis.

XRP/USD stopped within a whisker of $0.2000 before recovering to $0.2096 by press time. The coin is down nearly 10% on a day-to-day basis.

Among the 100 most important cryptocurrencies, the best of the day are UNUS SED LEO (LEO) $0.9893 (+2.4%),Multi-collateral DAI (DAI) $1.00 (+1.24%). The day's losers are Siacoin (SC) $0.0017 (-19.6%),aelf (ELF) $0.0734 (-16.10%), Zcoin (XZC) $4.4 (-16.0%).

 

 

GFS ASIA TEAM

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