Did the Cryptocurrency market tumble?

Did the Cryptocurrency market tumble?

After an incredible bull run last week, the crypto bulls just got a beat, a dramatic reversal in less than 24 hours, Most of top 10 currencies got hit with double-digits losses. The godfather of crypto Bitcoin fell below $13k for the first time in 10 days after a great run to almost $20k, followed by Ethereum, Bitcoin Cash, Litecoin, Dash, Monero and other great ones. But not Ripple (XRP), It’s one of the crypto that held it’s grounds and showed some solid gains 💪 rising over 20% in 24 hours.

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Bitcoin Cash shows some gains | 20.12.2017

Bitcoin Cash shows some gains

After holding stable near $20,000, Bitcoin prices dropped more than 10%, Coinbase announced that they will be offering Bitcoin Cash on their platform. Following that announcement, Bitcoin Cash spiked nearly 60% 😲 , pushing it over $3,500 and smashing through it’s previous all-time high. Coinbase is one of the leading exchange for buying and selling Bitcoin in the US.

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Incredible gains seen in crypto market

Incredible gains seen in crypto market

Few top cryptocurrencies showed a huge gain over the past 24 hours, as Bitcoin passed a remarkable $17,000. Ripple surged more than 40% and Litecoin gained more than 30%,  Ethereum gained further 18%, crossing the $600 mark, to add to its all-time high, while Dash 12%, crossing the $900, then made a slight correction to trade around $850 this morning.
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