Just when crypto investors thought they could relax and enjoy the Thanksgiving holiday, with a crypto market showing a semblance of stability, Bitcoin took another dive, taking the market back into the red. The downward trend began establishing at around 8:00 PM EST. Since then, the price of Bitcoin began to slide from the $4.5k it had been hovering around for the last two days to the current low price of $4,249, representing a 7 percent drop from where it was 24 hours ago.
BTC 11/23/18. BLOCKTVMARKET.
Ripple's XRP coin also took a plunge, currently trading at $0.411238 according to BLOCKTV Market. XRP was trading 7.25 percent higher only 24 hours ago, looking more solid than most of the competition over most of the week.
XRP 11/23/18. BLOCKTVMARKET.
Ethereum was hurt even worse. ETH has lost 9 percent of its value over the past 24 hours. From yesterday's high of $136, it has fallen all the way down to $124. ETH continues to be one of the biggest victims of this month's overall market meltdown.
ETH 11/23/18. BLOCKTVMARKET.
BCH and XLM, the number four and five coins, have lost 13 percent and 10 percent respectively. From there on down, it's nearly completely red, with the average drop standing at around 10 percent. The total market cap for all of cryptocurrency is now at $137,899,969,341, down nearly $50B in a week.