This is how 2018 ends: Market once again in the red, Bitcoin falls away from $4K

31 Dec, 2018
by David Borman
Price Action
This is how 2018 ends: Market once again in the red, Bitcoin falls away from $4K

Another rough day in the market, as Bitcoin is slipping further away from the $4,000 level and most coins are in the red. It appears this is going to be how we end 2018.

Coin Market Capitalization/Bitcoin Dominance

Current market cap is $125,521,836,425, down about $5 billion today. Bitcoin dominance is still strong at 52%.

Current price of Bitcoin: $3,736.75.

Top 10

All coins in the top 10 are seeing red today, though the hardest hit was Bitcoin Cash (BCH) dropping -6.21% down to $153.00. Not far behind was TRON (TRX), down -5.17% to $0.018

Biggest Winners/Losers

Out of the top 100 we did see some growth today. Revain (R) grew 4.01% to $0.19 and MobileGo (MGO) saw a 3.47% rise to $0.51.  As for the bad news, biggest loss today was seen in DEX, down -15.72% to $0.256, and PIVX, sliding -13.99% to $0.86.

Although this means all hopes of a last minute rally are all but dashed, realistically prices have been in this channel for over a month now and as long as we hold some support here, we can hope to see new growth as we come out of this winter and find the optimism hopefully waiting in next years market. As always, stick with Chepicap for all price action and have a happy New Year!

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