Slow slide into the red continues going into the weekend, BAT getting hammered

09 Nov, 2018
by David Borman
News
Slow slide into the red continues going into the weekend, BAT getting hammered

It has been a rough couple of days for the cryptocurrency market, with the total market cap losing close to $10 billion over the last few days. While a few coins are showing promise, it's pretty much a bloodbath out there.

Coin Market Capitalization/Bitcoin Dominance

After a high of over $220 billion just days ago, current market cap is at $211,399,101,297. Bitcoin dominance is up slightly to 52.4%.

Current Bitcoin price: $6,374.80.

Top 10

All top 10 coins are slightly down right now, with the biggest losses hitting Bitcoin Cash (BCH), down -7.85% to $543.53. BCH's volatility is likely linked to the imminent hardfork coming next week. Cardano (ADA) also took its blows sliding -4.49% to $0.074.

Biggest Winners/Losers

Outside the top 100, the most affected coin today was Coinbase's new addition Basic Attention Token (BAT) dropping -16.28% to $0.275. Just behind is ETERNAL TOKEN (XET) who, after an impressive jump is now contracting -13.68% to $1.23.

In general, it's a rough one out there. Perhaps this is just a temporary dip for the market and we'll be back on track next week, but only time will tell.

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