BTC keeps dropping as market sees more red

09 Jun, 2019
by David Robb
Price Action
BTC keeps dropping as market sees more red

Bitcoin's correction has continued over the last 24 hours, and the rest of the market has followed in its wake. Most of the major cryptos are down for the 24h period.

Total market cap / BTC dominance:

The crypto market cap currently stands at $244 billion, down $7 billion for the 24h period. BTC dominance is now 55.9 percent

Bitcoin (BTC)

BTCUSD chart by TradingView

Bitcoin has fallen below the $7700 level again, after testing $8k earlier in the day. It looks to have bounced back sooner than in previous days, however, and may be in an uptrend for the short-term. On Bitstamp, it has fallen almost 4 percent for the 24h period.

Top 10

All top cryptos are down for the 24h period. XRP has fallen the most, down over 4.5%. Ethereum has also had a bad 24 hours, down over 4 percent to $233. 

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