Market loses $4 billion as most of top 10 dips

16 Apr, 2019 | Updated: 16 Apr, 2019
by David Robb
Price Action
Market loses $4 billion as most of top 10 dips

A bad 24 hours for the crypto market has seen only two of the top 50 cryptos increase in price. Bitcoin Cash (BCH) is one of these major exceptions, gaining from the troubles facing BSV in the last 24h.

Total market cap / BTC dominance: 

The total crypto market cap has fallen $4 billion to $172.3 billion. BTC dominance is up slightly, to 52 percent.

Bitcoin (BTC) - $5,071.71 (-2.06%)

Image from Gyazo

Bitcoin is down over 2 percent for the day. It seems to be testing new lows over the last few days, and may well dip below the $5k mark again sometime soon.

Top 10

With the exception of Bitcoin Cash (BCH), which has gained over 7 percent after its rival fork BSV was delisted from many exchanges, all the top 10 tokens have lost value. Litecoin (LTC) is down 4.93%, reversing most of the gains it made yesterday. Ethereum (ETH) is also down 3.56 percent.

Read more: 5 ways Fidelity and Bakkt could change cryptocurrency in 2019Why it's good you're still in cryptocurrency in 2019

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