Crypto market update: Cryptos see red, Ethereum Classic defies expectations

• The top three coins experienced heavy losses over the last two days.
• Ethereum Classic defies market expectations and went up by 12% over the last 24 hours.

Bears have had a stranglehold on the market for the last two days, with Ethereum Classic being the only exception among the top 20. Let’s take a closer look at how the top three did and then reveal the biggest winners and losers of the day, among the top 20 coins.

Top three coins

• Bitcoin: BTC/USD is one course of having two bearish days in a row, following a heavily bullish Monday. So far, the premier cryptocurrency has gone down fro $10,790 to $10,175.
• Ethereum: ETH/USD has had two bearish days in a row where the price fell from $203 to $188.50. Bulls will be trying to stem the momentum and keep the price above $180.
• Ripple: Unlike Bitcoin and Ethereum, XRP/USD has had three bearish days in a row. Over the last three days, the price has fallen from $0.284 to $0.264.  

Biggest winners and losers (top 20 coins)

• Ethereum Classic (ETC) has had a phenomenal 24 hours, as it went up by 12%, completely defying market expectations. Currently, it is trading for $6.23.
• Chainlink (LINK) was the biggest loser among the top 20 as it went down by 5.30% and is currently priced at $2.35.
• Dash (DASH) fell by 4.51% and is currently priced at $93.