Bitcoin Falls Under $3600, as Top Cryptocurrencies Report Moderate Losses

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Sunday, Jan. 13 — all the top 20 cryptocurrencies are seeing slight to moderate losses in the 24 hours to press time. Bitcoin’s (BTC) price has fallen below $3,600 again, according to Coin360 data.

Market visualization from Coin360

At press time, Bitcoin is down over 2 percent on the day, trading at around $3,568. Looking at its weekly chart, the current price is lower than the intra-week high of $4,109 — registered on Jan. 8 — and is also lower than $3,869, which is the value of one bitcoin last Sunday.

Bitcoin 7-day price chart

Bitcoin 7-day price chart.

Ripple (XRP) is down nearly 2 percent on the day, trading at around $0.323 at press time. On the weekly chart, the current price is lower than $0.357, the price at which XRP started the week — and notably lower than $0.380, the midweek high reported on Jan. 2.

Ripple 7-day price chart

Ripple 7-day price chart.

Ethereum (ETH) has seen its value decrease by over 6 percent over the last 24 hours. At press time, ETH is trading at around $118, having started the day around $127. On the weekly chart, Ethereum’s current value is significantly lower than $153, the price at which the coin started the week.

Ethereum 7-day chart

Ethereum 7-day chart.

Among the top 20 cryptocurrencies, the ones experiencing the most notable losses are Tron, which is down over 9 percent, and Bitcoin SV, which is down nearly 8 percent.

The combined market capitalization of all cryptocurrencies — currently equivalent to about $119.6 billion — is lower than $132.3 billion, the value it reported one week ago. The current value is also notably lower than the intra-week high of $138.7 billion reported on Jan. 6.

Total crypto market cap 7-day chart

Total crypto market cap 7-day chart. Source: CoinMarketCap

As Cointelegraph recently reported, Google (Alphabet Inc.) has reportedly blacklisted keywords mentioning Ethereum (ETH) on its advertising platform Google Ads.

Also this week, an analyst recently declared the number of active Bitcoin wallets, many of which have long been dormant, has seen an uptick that could herald major market movements.

13 Comments on “Bitcoin Falls Under $3600, as Top Cryptocurrencies Report Moderate Losses”

  1. Wow, that’s what I was searching for, what a data!
    present here at this website, thanks admin of this web page.

  2. Heya this is kinda of off topic but I was wondering if blogs use WYSIWYG editors or if you have to manually code with HTML.

    I’m starting a blog soon but have no coding expertise so I wanted to get guidance from someone with experience.

  3. Why users still use to read news papers when in this technological world all is accessible on net?

  4. Hello, i think that i saw you visited my site thus i came to “return the favor”.I’m trying to find things to enhance my site!I suppose its ok to use some of your ideas!!

  5. I love it whenever people get together and share opinions.
    Great blog, continue the good work!

  6. It’s truly very complex in this active life to listen news on TV, thus I simply use internet for that purpose, and take the most recent information.

  7. always i used to read smaller articles or reviews which also clear their motive, and that is also happening with this article which I am reading now.

  8. Good day I am so delighted I found your website, I really found you
    by mistake, while I was looking on Aol for something else,
    Regardless I am here now and would just like to say thank you for a incredible post
    and a all round exciting blog (I also love the theme/design), I don’t have time to read
    through it all at the minute but I have saved it
    and also added in your RSS feeds, so when I have time I will be back to read more, Please do keep up the awesome work.

  9. I loved as much as you will receive carried out right here.
    The sketch is tasteful, your authored subject matter stylish.

    nonetheless, you command get bought an impatience over that you wish be delivering the following.
    unwell unquestionably come more formerly again since exactly the same nearly very often inside case you shield this increase.

  10. If you desire to increase your familiarity simply keep visiting this site and be updated with the most recent news posted here.

  11. I truly wanted to write a brief note so as to say thanks to you for the stunning secrets you are sharing here. My extensive internet investigation has at the end of the day been paid with pleasant suggestions to share with my friends and family. I would repeat that we readers actually are unequivocally blessed to live in a very good network with many brilliant individuals with very helpful techniques. I feel somewhat grateful to have encountered your entire webpages and look forward to some more pleasurable minutes reading here. Thank you once more for everything.

Leave a Reply

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