After a fairly placid few days, the crypto market has suddenly awoken, face down, with around $5 billion wiped clean off its total capitalization.
Yesterday saw Bitcoin (BTC) reach the welcome $3750 mark, but it seems that it wasn’t meant to be, swiftly changing direction now closer to $3,500 at approximately $3588, down -4.20% in 24 hours.
XRP is also feeling the pain of this latest dip down -2.99%.
And following the top 2 is Ethereum (ETH) citing similar losses to BTC down -4.10% on the 24-hour charts.
Bitcoin Cash (BCH), EOS, Stellar (XLM), Litecoin (LTC), TRON and Bitcoin SV (BSV) are all similarly in the red, down -5.87%, -6.36%, -4.80%, -4.46%, -5.13%, and -2.20%, respectively.
Outside of the top 10 many altcoins are telling a similar story with most coins down, including Cardano (ADA), Iota (MIOTA) Binance Coin (BNB), Monero (XMR), Dash and NEM (XEM) citing respective losses of -6.51%, -7.01%, -2.15%, -14.91%, -5.97% and -3.57% on the 24 hour charts.
One of the biggest losses of today comes from Stratis (STRAT) down -9.68%.
Crypto aficionados on Twitter were quick to comment on this latest dip:
Bart leading Bitcoin to the gallows 😂 pic.twitter.com/lSA15t8r5K— AwyeeBitcoin (@DeaterBob) January 20, 2019