Unfortunately for traders, the crypto market’s run has come to an end just as it started. This has led to sizeable declines being seen across the board, reducing the value of the entire market to US$340.9 billion according to Coin Market Cap.
This is a decline of 2.9% since this time yesterday. Also read: Why Amazon’s Australian geoblock won’t see shoppers flocking to local stores” data-reactid=”24″>Also read: Why Amazon’s Australian geoblock won’t see shoppers flocking to local stores Here is the state of play on Tuesday morning: The Bitcoin (BTC) price is down 2.3% over the last 24 hours to US$7,549.85 per token, reducing its market capitalisation to US$128.8 billion.
This decline comes despite Apple co-founder Steve Wozniak telling CNBC that he wants Bitcoin to become the single global currency in the future. This echoes a similar statement by Twitter and Square CEO, Jack Dorsey, last month.
The Ethereum (ETH) price has fallen 3.2% since this time yesterday to US$598.04 per token, leaving the world’s second largest cryptocurrency with a reduced market capitalisation of US$59.7 billion. The Ripple (XRP) price is the only cryptocurrency in the top ten to have pushed higher today.
It is up 2.1% over the last 24 hours to 67.7 U.S. cents, giving it an increased market capitalisation of US$26.6 billion. Traders have responded well to news that Ripple has donated US$50 million to top universities to speed up adoption of blockchain technology. Read more from au.finance.yahoo.com…
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