Morning market: encryption market continues to weaken, bitcoin risk fell below $10,000

In the past 24 hours, the cryptocurrency market has continued to weaken. After experiencing the sharp fluctuations of last week and the consolidation on the weekend, the highest value cryptocurrency bitcoin oscillated slightly to near $10,000. The market generally believes that bitcoin will be oscillated between $10,000 and $14,000 in the recent period, accumulating strength for subsequent upward breakouts. The market sentiment is still optimistic and it is still bullish in the long run. Other major cryptocurrencies are also weak.

The current market value of the cryptocurrency market is 307,278,503,094 US dollars, the 24-hour trading volume is 86,672,884,859 US dollars, and the bitcoin market share is 61.03%.

In the past 24 hours, 2 of the top 20 cryptocurrencies in the market capitalization have risen, and 20 of the top 100 cryptocurrencies in the market capitalization have risen. The cryptocurrency market as a whole showed a downward trend. The top three gains were: Revain (21.94%), Basic Attention Token (11.94%), and NULS (6.99%). The top three declines were: Aurora (-19.09%), Holo (-13.24%), and Chain (-12.05%).

Bitcoin, ranked first in terms of cryptocurrency market capitalization, is currently trading at $10,535.91, with a total market capitalization of $187.45 billion and a 7.82% decline in 24 hours. The highest price is $11,418.67 and the lowest price is $10,124.3.

Ethereum, ranked second in the market value of cryptocurrency, is based on the current situation. The current price is $291.51, and the total market value is $31.109 billion, down 3.68% in 24 hours. The highest price is $302.72 and the lowest price is $282.5.

The XRP of the cryptocurrency market capitalization ranks third. According to the implementation, the current price is 0.401306 USD, the total market value is 17.082 billion USD, and the decline is 1.14% within 24 hours. The highest price is $0.416906 and the lowest price is $0.393823.

In the past 24 hours, the top 10 transactions in the top 100 cryptocurrencies were: Bitcoin ($29.381 billion), Tether ($26.654 billion), Ethereum ($10.537 billion), Litecoin ($4.993 billion), EOS ($2.909 billion), Bitcoin Cash ($2.077 billion), XRP ($1.887 billion), Ethereum Classic ($834 million), NEO ($645 million), TRON ($621 million).

By Xiu MU

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