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BTC falls even lower, altcoins sink, top 100 is dominated by red

source-logo  chepicap.com 02 July 2019 06:40, UTC

Bitcoin falls even lower to $9,800, only 4 cryptos in the top 100 that are in green. 

After a nasty pullback that brought Bitcoin price to below $10K just a couple of hours ago, the largest crypto by market cap was able to get back to slightly above $10K for couple of hours.

However, the odds don’t seem to be in BTC's favor as it’s now back to below $10K at $9,800 after seeing a 10.9% correction in the last 24 hours and becomes the biggest loser in the top 10.

It seems like an analyst's prediction that it will see a "violent drop" is coming to reality.

BTCUSD Chart provided by TradingView

The remainings of the top 10 are also in red, except Binance Coin (BNB) that sees a minor gain by 0.4% at $33.

Litecoin (LTC) and Bitcoin SV (BSV) also suffer with a 7% loss at $115 and $186 respectively.

Top 100

Almost all coins in the top 100 are in red, including Chainlink, Holo and BitTorrent, which can be seen of “defying gravity” previously as they were gaining while the others were sinking.

This time, the exceptions come from 3 cryptos only, they are REN that sees a 19.5% gain at $0.09, followed by Revain (R) with 11.4% at $0.13 and V Systems (VSYS) with 0.2% at $0.16.

The biggest loss is seen by Crypto.com Chain (CRO) with -18.5% at $0.05, followed by Energi (NRG) with -17.4% at $6.4 and Aurora (AOA) with -16.4% at $0.029.

Total market cap is $291,962,419,472.

*All prices are correct as of writing time

chepicap.com