Top-three weekly losers: Ethereum [ETH], Bitcoin Cash [BCH], and EOS lose ground


The first week of 2019 was good signs for the entire cryptocurrency market, as Bitcoin [BTC] was performing well when it crossed above the $4,000 line. Every other cryptocurrency was enjoying the short term rally but this was a short-lived rally.

On January 10, 2019, the price of Bitcoin fell down by a whopping $250 in a matter of an hour, and the whole of the cryptocurrency market collapsed by $10 billion.

Ethereum [ETH]

Source: CoinMarketCap

As for the second week of January 2019, the markets were in a very distraught state, as the top losers for this week were Ethereum, which lost a massive 19.11% in a matter of 7-days. Ethereum, as a result, has become the biggest loser of the second week.

The price of Ethereum has fallen from $157 to $127 in a week, while the market cap has dropped from $16 billion to $13 billion.

The 24-hour volume for Ethereum is holding steady at $2.42 billion and DOBI  Exchange provides most of the trade volume via the trading pair ETH/BTC. DOBI Exchange contributes a total of $97 million worth of trade volume.

Bitcoin Cash [BCH]

Source: CoinMarketCap

Bitcoin Cash comes on the second spot with its 7-day price change at 16.58%. The price of Bitcoin Cash started trading at $166 which fell to $130 within a week.

The market cap of BCH fell from $2.91 billion to $2.30 billion and the 24-hour trading volume shows a total of $203 million which is majorly contributed by Huobi exchange via the trade pair BCH/USDT. The exchange provides a total of $23 million volume to the total trade volume.


Source: CoinMarketCap

EOS is the third largest weekly loser. The 24-hour price change is at 10.89% with the price collapsing from $2.73 to $2.42 within the week.

The market cap for EOS collapsed from $2.4 billion to $2.2 billion, which, when compared to the above-mentioned losers is considerably less.

The trading volume of EOS is comparatively lesser than ETH as it is at $717 million. Bibox exchange provides a total of $76 million in trade volume via the trading pairs EOS/ETH, EOS/BTC, and EOS/USDT.

The post Top-three weekly losers: Ethereum [ETH], Bitcoin Cash [BCH], and EOS lose ground appeared first on AMBCrypto.

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Disclaimer: This press release is for informational purposes only, the information does not constitute investment advice or an offer to invest. The opinions expressed in this article are those of the author and do not necessarily represent the views of CriptomonedaseICO , and should not be attributed to, CriptomonedaseICO .

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