Home Crypto market update: Bears strike back as market sees red
Crypto News

Crypto market update: Bears strike back as market sees red

  • The top three coins all saw pretty significant losses this Tuesday.
  • Tezos (XTZ) was the biggest loser among the top 20 coins, with a 6.5% drop in price.

The bears came in strong this Tuesday as the entire crypto market saw red. Let’s take a look at how the top three are doing and then we will reveal the biggest winners and losers of the day, among the top 20 coins.

Top three coins

  • Bitcoin (BTC): BTC/USD went down from $9,330 to $9,104 this Tuesday. The good news for holders is the fact that the $9,100 support line is holding steady, at least of now.
  • Ethereum (ETH): ETH/USD went down significantly from $274.20 to $263.25 this Tuesday, charting a 4% decrease in price.
  • Ripple (XRP): XRP/USD bulls failed at the $0.45-level as the price went down from $0.448 to $0.427, charting a 4.7% decrease in price.

Biggest winners and losers (top 20 coins)

  • Binance Coin (BNB) was the only coin which saw any profit. BNB/USD went up by 1.88% and is currently priced at $34.54.
  • Tezos (XTZ) went down by 6.5% and is currently priced at $1.22.
  • Cosmos (ATOM) went down by 5.74% and is currently priced at $6.61.
     

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.