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 ūüí™ 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%¬†ūüė≤¬†, 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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