Bitcoin Forum

Bitcoin => Press => Topic started by: JPage on April 03, 2018, 02:39:26 PM



Title: [2018-04-03] Crypto Market Sees Around 50 Percent Losses Across The Board
Post by: JPage on April 03, 2018, 02:39:26 PM
The first quarter of 2018 has seen the crypto markets lose a little more than 48 percent of their Jan. 1 value, with total market cap down from around $612 bln to $261 bln at the first quarter close on March 31, according to data from CoinMarketCap.

https://cointelegraph.com/storage/uploads/view/63138c91c5213f5e1613ece66f1a88c5.png

Ripple’s (XRP) price has dropped the most of the top five cryptocurrencies listed on CoinMarketCap, down almost 78 percent on March 31 when it traded at $0.51 as compared to its Jan. 1 price of around $2.30.

https://cointelegraph.com/storage/uploads/view/24104d93691ce1e66921daabb4eb4ae1.png

Second place for largest percentage value drop is Bitcoin Cash (BCH), which lost about 73 percent of its value from its Jan. 1 price of around $2,543 to its March 31 price of around $697.

Litecoin (LTC) is down around 49 percent from its Jan. 1 price of about $231, trading for around $118 on March 31.

https://cointelegraph.com/news/crypto-market-sees-around-50-percent-losses-across-the-board-at-end-of-first-quarter-2018