The market capitalization drops to 420,000 million dollars.
The ripple at two – week lows. The litecoin, way to erase recent gains.
The market criptodivisas has embarked on a session of erratic movements that keep the clueless operators. After a rebound that raised the total capitalization above the mark of half a trillion dollars for the first time in a month and that bitcoin fondle $ 12,000, encouraging bulls to think that purchases would continue up to the mark of 13,000 , virtual currencies have embarked on a new correction, which has the bitcoin clinging to $ 10,000.
Even the collapse of transaction prices, which are at lows more than six months at $ 0.36-compared with $ 37 for the month of January-, have encouraged purchases. Even the dominance of Satoshi Nakamoto has lost ground in the last hours in the intense red continues to dominate the scene in the main virtual currencies by market capitalization. After the transactions ‘queen cryptos’, exceeded 39% for the first time in 2018, they have given below this mark in the last hours.
The news coming from the regulatory front are perhaps the only reason that can explain that the market has returned to plummet to $ 420,000 in market capitalization and the bitcoin has fallen to one-week lows at $ 9,800. The proximity of a meeting within the European Union next week on the way forward for the bloc to legislate this burgeoning industry keeps investors on guard.
In other relevant digital assets, only ethereum moderates its decline and falls to $ 845, while falls are between 8% and 10% in the ripple, which loses change a dollar for the first time in more than two weeks and the bitcoin cash, which plummets to $ 1,200.
The litecoin, put some ground between his recent record on February 20, at $ 250 to $ 195, after it has been lowered fever unleashed this currency because of its first branch. Litecoin appetite boosted cash prices, but few days after you generate this ‘spinoff’, which has involved a controversy, the fifth encryption currency market is poised to erase all recent gains.
The litecoin cash, meanwhile, remains above $ 5.8, but with low volume and market demand. Negative headlines about this bifurcation, which has been accused of benefiting from the name of litecoin, but have nothing to do with the team of Charlie Lee, who launched the once called ‘silver’ of criptodivisas in 2011, have nicked the appetite of investors.