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28 May 2020

Bitcoin Drops $300, Daily Losses Among Altcoins Reach 10%

Bitcoin Drops $300, Daily Losses Among Altcoins Reach 10%


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Alongside Bitcoin, the top 20 cryptocurrencies by market capitalization are seeing major losses of nearly 10% over the past 24 hours, according to data from Coin360.

With its intraday high of $9,253, Bitcoin tumbled more than $500 earlier today and is down around 4% over the past seven days, with an intraweek high above $9,500.

On the other hand, Algorand (ALGO), the 20th biggest cryptocurrency by market cap, is down more than 10% over the past 24 hours, trading at $0.24.

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Litecoin (LTC) Price Analysis: Facing Key Hurdles Near $45
published: 4 hours ago
Litecoin price is showing signs of an upside correction against the US Dollar, similar to bitcoin. LTC price must clear the $45.00 hurdle to start a sustained upward move in the near term.

sentiment (-0.3) Negative

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cointelegraph.com
Market data feeds provided by cryptocompare.com
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