Cryptocurrencies

Cryptocurrencies: Bitcoin paints all altcoins red

Small review of the cryptocurrency market, which is strongly influenced by the fall in value of Bitcoin, something normal after several days of strong rise, which will serve to gain new momentum.

As every morning, we begin the review of the cryptocurrency market, which is quite shaky, since after three days of constant increase in the value of practically all cryptocurrencies, today we can see a decline that started in the early afternoon of Yesterday. The green has been dyed red, among others, due to the fall of Bitcoin, which seemed to be recovering at night, but at the effective level it has continued to fall. There is no strong fall at the moment and EOS and Stellar stand out in green and Bitcoin Cash that despite remaining in red, seems to be trending back to green. [Report of 25/04/2018]

  • Bitcoin: When this cryptocurrency falls in value, it ends up dragging all the coins on the market. Yesterday it was at $ 9.400, falling today to almost $ 8.900. During the day yesterday it went down to $ 8.800, although during the late afternoon and early evening hours, it rose to $ 9.200, to lose almost -6% at the moment and be at $ 8.900.
  • Ethereum: It also loses value in a notorious way, although it does not leave the $ 600, which is good news. Yesterday it was at $ 660, while today it is at $ 630, falling about -4%.
  • Ripple: It is one of those that loses the most value at the moment, going from $ 0.88 to $ 0.81, leaving -7% on the way. We must emphasize that yesterday it was already painted red.
  • Bitcoin Cash: More than -11% was left yesterday, falling below even $ 1.300, but today it seems that the trend is of recovery, despite being at a technical 0%. It is at $ 1.346 and it can be seen on the chart that it could go up slightly.
  • EOS: One of the few that is saved from burning. It is still very strong, although it is at $ 14.9 and yesterday it was above $ 15, it holds painted green with a relative rise of 0.8%.
  • Litecoin: Has anyone said roller coaster? His graph is a spectacle and of touching the sky yesterday, going from $ 160 on Tuesday to $ 146, its current value, leaving almost -6% of its value on the way.
  • Cardano: Follow the setting. It seemed yesterday for a few moments, that it was going to rise in value, but it fell again. Yesterday it was trading at $ 0.29 and today it is trading at just over 0.275, leaving -5% at this time and it seems quite stable.
  • Stellar: While everyone has undergone an adjustment that has taken them to red, this one is still green, but with a trick. Yesterday it fell sharply and has reached $ 0.36, but today it seems triggered with a relative rise of 4% and passes the value of $ 0.38.
  • IOTA: Second day of fall and the fall is practically the same as yesterday. Another -8% is being left on the way, falling to $ 1.84, when yesterday it was close to $ 2.
  • NEO: Yesterday the adjustment was not very noticeable, but that has taken its toll. It has gone from $ 77 to $ 72.7 at the moment, with a fall of more than -5%.
  • Monero: Looking at the global of this cryptocurrency, more than -10% of value is left, since yesterday it was trading at $ 275 and already lost more than 5% and today it is at $ 261 and another -5% is being left , approximately.
  • Dash: It is also leaving more than -10% of its value right now, going from $ 498 yesterday to $ 469 today, with a fall of almost -6%.
  • Tron: Although it is red, it is saving itself from burning, since it is holding more or less stable. Yesterday it was trading at $ 0.075 and up 25% and today it is at $ 0.07 with an adjustment of almost -6%. It is holding steady after a strong rally. Could it collapse anytime soon? It is not ruled out, you just have to look at Verge and what happened after his brutal rally.
  • Bitcoin Gold: If Bitcoin is suffering, its forks were not going to be less: This cryptocurrency has gone from $ 79 to $ 73.8, with a fall of almost -6%.
  • Bitcoin Private: They are all dragged by the trend of BTC and value is also left, going from $ 51.5 to $ 48.5 and almost -7% is left on the way.
  • Verge: It seems that the strong adjustment has ended and shows a rebound trend, after falling below its usual value of $ 0.07-0.075. It is already at $ 0.065 and it is -0.5% compared to yesterday and it was also at $ 0.065 at this time.
  • Zcash: Would you be surprised if I told you it's in red? Well that. Yesterday it was at $ 294 and it was already in the red and today a little more, since it falls to $ 243 and a -4% relative is left.
  • Golem: It has also been dyed red for a second day and yesterday it already fell to $ 0.57 and today it also falls to $ 0.54, leaving more than -4.5%.
  • Pesetacoin: It is plummeting in value also due to the fall of Bitcoin. Yesterday it fell to $ 0.052 and today it is at $ 0.046, with a relative fall of -13%. No further decline is expected.

SPECIAL MENTIONS

  • OmniseGO: Be careful with this coin, which is very good for the future, but it usually has quite strong random increases. Yesterday at its lowest point it was at $ 15 and had a downtrend, but at the moment it is close to $ 21 with a rise of 19%. It should be noted that its lowest volume in the last 24 hours has been just 116 million dollars and that it is now 485 million dollars, multiplying by more than four. It is in a very clear pump, so wait for it to crash.
  • mixin: We talked about this coin on Tuesday and we said it was in a pump. It returns to the spotlight because it has gone from $ 944 to $ 1.268 and registers a relative rise of 24% in the last 24 hours. We must be cautious, because after a strong rise like this, there is usually a strong crash.
  • Kyber Network: You don't have an overly interesting project and your graph indicates a fairly clear pump. Yesterday it oscillated at $ 1.8 and today it is at $ 3.11 and its value has risen almost 60%. Its volume has gone from 18-20 million dollars to more than 100 million dollars, multiplying by more than five.
  • ZClassic: Follow its uptrend. Yesterday it reached $ 22.5 and today it is at $ 28.25 with a relative rise of 25% and is that after the fork, it collapsed, but it seems to want to recover much of the lost value.
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Robert Sole

Director of Contents and Writing of this same website, technician in renewable energy generation systems and low voltage electrical technician. I work in front of a PC, in my free time I am in front of a PC and when I leave the house I am glued to the screen of my smartphone. Every morning when I wake up I walk across the Stargate to make some coffee and start watching YouTube videos. I once saw a dragon ... or was it a Dragonite?

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