CryptocurrenciesNews

Bitcoin suffering a small 'Fall Coin', after touching $ 3000, but Ethereum and Zcash continue to rise

There is a partial fall of a large part of cryptocurrencies, mainly in the value of Bitcoin against the dollar, which does not affect Zcash and Ethereum and some Altcoins of lower value.

A few weeks ago there was what has been called a 'Fall Coin', a fall in all cryptocurrencies with a total drag of Bitcoin to all, especially affecting Ethereum, Zcash and Monero, which were the ones that fell the most, losing a lot value. There are two types of Fall Coin, the lightning that usually last a few hours and affect some currencies, especially Bitcoin and the complex ones, which last between 3-10 days and that affect all currencies, causing them to fall. The complex Fall Coin has occurred once, but it should be repeated more times because of cryptocurrency prices.

Today a lightning Fall Coin is apparently taking place. We can see in this case that Bitcoin is collapsing, at the moment between 5-10%, which is dragging the valuation of a large part of the Altcoin in its exchange to dollars, except for Ethereum, which registers a rise of between 10- twenty%. Zcash for its part is around negative values ​​below 20%, so I have it technically not in decline. NXT curiously goes up 1-22%, for reasons that we do not know. Stellar and Aguar are the most affected, leaving more than 28% and Ripple, Litecoin and Monero are left close to 10%.

If we go to the conversion of Altcoin to Bitcoin, we see that the trend is different, in this case the most relevant Altcoins are in green. We see how Ethereum gains 20-24% compared to the value of Bitcoin, being at 0.1415 BTC, Bitshares continues to rise for the fifth consecutive day, in this case between 20-30%. Zcash, which in its conversion to dollars registers an irrelevant drop, shows here a rise between 6-10% at the moment. Monero, Lisk, NEM, Stellar, Litecoin and Ripple are falling below 3%, therefore it does not affect these Altcoins excessively.

Among those that register losses above 10%, we find Storjcoin X with 38.600 satoshis, Viacoin is worth 25.077 satoshis and Counterparty with a value of 530.500 satoshis. The drop of more than 20% of DNotes stands out, which has a value of 7.360 satoshis and Riecoin, which has a value of 6.900 satoshis. The smaller an Altcoin is, the more noticeable the drop in Bitcoin is. We want to make special mention of Dogecoin that has a value of 114 satoshis and falls by 4-8%, Golem with 18.600 satoshis that falls between 6-8% and Bytecoin that has a value of 116 satoshis with a fall between 6-8 %.

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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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