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Cryptocurrency markets fall after a recent recovery

The cryptocurrency market is experiencing at the level of minima.

14.Jan.18 12:24 PM
By Daria Zaytseva


Cryptocurrency markets fall after a recent recovery

The total market capitalization remains about $692 billion, is still recovering from January 11 to about $630 billion.

Altcoin Ripple (XRP), which grew by 18 percent as early as January 12, showed a 10 percent loss in a 24-hour period.

XRP had significantly increased after the January 11 company altcoin announced news about a partnership with MoneyGram, but perhaps after explaining to MoneyGram that they strictly use altcoin for the pilot program, it is possible.

Altcoin IOTA has experienced a similar drop in early December after figuring out that Microsoft was not officially their partner, as the altcoin’s blog did, but rather is a participant in their market.

Altcoins Cardano and Tron have seen about 13 and 17 percent drops respectively, within 24 hours, and Cardano selling for about $0.76, and Tron selling about $0.092.

The biggest drop today is Altcoin RaiBlocks, about 16 percent for 24 hours selling for $21.19. The fall of RaiBlocks can be attributed to recent reports of a compromised web wallet for altcoin, which has since been disabled.

Ethereum Classic (ETC) has seen the largest increase in 24 hours, an increase of more than 17 percent and sales of $44.32.

Altcoin Neo also showed a slight increase, which grew by almost three percent in 24 hours and was sold for $137.45, while Bitcoin Gold also slightly increased with a rise of 0.37 percent in 24 hours and sold for $297, 98.

Bitcoin fell by about 7 percent within 24 hours and is trading on average at $13,474.70, which is higher than the market price for December 22 at $12,850.

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