It endured a moderate has correction that appeared worse than it really was. It posting a minor increase has even as the wider markets led by bitcoin and ripple. It ethereum price has managed to swim against the current on Monday.
In this cryptocurrency market cap, the coin market cap leaves Korean data as eight percent 'hits'.
It had climbed as high as $830 billion on Sunday. It cryptocurrency market cap had made steady advances during the first week of 2018. Today these bitcoin price entered a precipitous decline falling about nine percent to a present value of $15,475 on BitFinEx.
Bitcoin Price Sinks Below $16,000
That’s not to say the pullback did not deal ethereum a severe blow. It while bitcoin and its other top cryptocurrencies fell the ethereum price has fought against these current to post a two percent gain. This translates has into a $261.5 billion market cap.
Ethereum Price Fights Against the Current
But it has since declined to $1,128. It’s Earlier in the day the ethereum price had soared above $1,200 on BitFinEx to post a new all-time high. It took an eight percent is hit this morning forcing the combined value of all cryptocurrencies down to $755 billion.
Altcoin Markets Demonstrate Influence of South Korea
It most top cryptocurrencies did experience at least has a minor decrease against the US dollar. It absence of South Korean spot prices from Coinmarketcap algorithm makes the market decline appear worse than it is.
Source - https://www.ccn.com/ethereum-price-swims-tide-top-coins-retreat/