Bitcoin, Ether in red, except XRP lone gainer in top 10 – Crypto News – Crypto News
Connect with us
3 different colored bitcoin digital currency on computer keyboard with blurred background of investing chart stock market trading in monitor, future financial currency concept 3 different colored bitcoin digital currency on computer keyboard with blurred background of investing chart stock market trading in monitor, future financial currency concept

others

Bitcoin, Ether in red, except XRP lone gainer in top 10 – Crypto News

Published

3 years ago

on

Bitcoin and Ether fell during Wednesday afternoon trading hours in Hong Kong, along with the majority of the top 10 non-stablecoin cryptocurrencies by market capitalization. Bitcoin recorded the day’s biggest loss, followed by Litecoin. XRP stood out as the sole gainer.

See related articles: Weekly Market Wrap: Bitcoin weighed down by debt ceiling uncertainty

Bitcoin, Ether down, along with all cryptos except XRP

Bitcoin fell 1.81% from 10:00 am to 4:30 pm in Hong Kong to US$27,163. The afternoon slump positioned the world’s largest cryptocurrency as the biggest loser among the top 10 cryptocurrencies over the past 24 hours, experiencing a 2.31% loss. Litecoin followed closely, falling 2.27% to US$89.51.

“Bitcoin needs to overcome the US$28,000 big figure. It’s weekly candle has to close above US$28,000 to be bullish,” said Johnny Louey, a crypto research analyst at trading platform LiquidityTech Protocol,

Ether fell 1.31% to US$1,870 since 10:00 am, falling under the psychological benchmark of US$1,900.

XRP was the only token in the green among the top 10 cryptos, rising 0.91% to US$0.5074 after leading yesterday’s gains. The coin started picking up momentum after pro-Ripple attorney John Deaton tweeted on Sunday, that the court will make public internal documents from 2018 showing former Securities and Exchange Commission director William Hinman saying sales of Ether tokens were not securities transactions, which could undermine the regulator’s case against Ripple Labs. The US securities watchdog sued the San Francisco-based payments firm in December 2020, claiming that XRP was a security and that Ripple had conducted unregistered securities transactions by selling the cryptocurrency.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending