Market bleeds, BTC falls below $7.5K, almost all top 100 are losing

17 May, 2019
by Fifi Arisandi
Breaking News
Market bleeds, BTC falls below $7.5K, almost all top 100 are losing

Crypto market is on fire, literally and negatively, as almost all coins in top 100 are losing, Bitcoin (BTC) falls below $7,500.

The seas of green have turned into seas of red as the crypto market bleeds, with only few survivors that managed to stay in green, such as USD Coin (USDC), Chainlink (LINK), True USD (TUSD) and Paxos Standard (PAX).

Total crypto market cap is $228,407,572,533.

Top 10

The largest crypto by market cap has failed to stay above $7,500, which analysts said to be the determining point on whether or not it will still see good days in the future.

As of writing time, BTC sees a 11.82% loss and is traded at around $7,200 on major exchanges, such as Coinbase, Bitfinex, Gemini and Bittrex.

BTCUSD Chart provided by Tradingview.

The biggest loser in the top 10 is Cardano (ADA) with -17% loss at $0.08, followed by Stellar (XLM) and XRP, both see 16% loss at $0.12 and $0.38 price point respectively.

The second largest crypto, Ethereum (ETH) “only” sees -9.14% loss and valued $241.

Top 100

With red color domination, 5 coins stand out as they manage to stay in the green. They are MXM with 2.8% gain at $0.03, LINK with 0.45% gain at $0.86 and stablecoins, USDC, TUSD and PAX that see 0.14%, 0.15% and 0.21% gain respectively that put their price at $0.99.

The biggest loser is Clipper Coin (CCCX) that sees a 44.19% loss at $0.01, followed by IOST with -23% at $0.01 and Bitcoin SV (BSV) with -22.40% at $56.7.

Are there still good days left in the crypto market moving forward or the bear is back in charge again? Stick with Chepicap to find out.

*All prices are correct as of writing time

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