ETH, XRP, BCH, LTC on Life Support After Posting Double-Digit Losses

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Thu, 08/15/2019 - 07:15
Alex Dovbnya
The cryptocurrency market reminds a bloodbath after having its worst day this month
ETH, XRP, BCH, LTC on Life Support After Posting Double-Digit Losses
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Ethereum, Ripple’s XRP and other top altcoins have dropped by more than 10 percent, according to data provided by CoinMarketCap.

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EOS turned out to be the worst-performing performing cryptocurrency inside the top 10 after its price plunged by almost 15 percent.

Top altcoins by market cap
Image by coinmarketcap

In sharp contrast to this, ICON survived the market rout and registered a whopping 21 percent price uptick ahead of its public representatives election.

Bitcoin, the top cryptocurrency by market capitalization, is trading at $9,665 on the Bitstamp cryptocurrency exchange. It has experienced its biggest one-day drop in August (so far).

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.