Bitcoin plunges by 3.44% over the hour; Litecoin and Tron follow suit

  • 13 July 2019, Saturday, 08:40

The cryptocurrency market was hit by yet another wild ride after the world’s largest cryptocurrency fell again, falling by 3.44% in an hour, with the alts following suit. Litecoin [LTC] and Tron [TRX] noted a fall of over 3% in an hour too, continuing their journey downwards.

After falling by 3.44% in an hour, BTC was valued at $11,349.43 with a market cap of $202.19 billion. The coin noted a 24-hour trading volume of $21.02 billion as it fell by 2.83% over the day and reported a 0.50% fall over the week. The largest crypto in the world was highly traded via BTC/USDT pair on most major exchanges.

OEX noted a trading volume of $694 million, followed by CoinBene that reported a volume of $677 million. Third place was taken by BW.com, noting $648 million in volume.

As per Litecoin’s chart, the coin noted a fall of $3.58% within the hour. The coin was valued at $101.1153 with a market cap of $6.32 billion. The coin has been walking hand-in-hand with Bitcoin, reporting a 4.40% fall over the day and a fall of 15.42% over the week.

However unlike BTC, LTC was highly traded via three popular pairs, LTC/ETH, LTC/USDT, and LTC/BTC on CoinEgg exchange. CoinEgg single-handedly acquired the first three trading spots for Litecoin [LTC]. The exchange reported a cumulative trading volume of over $1 billion with the aforementioned pairs.

After entering the top 10, Tron’s price has been stagnated for a while. Even though the coin fell by 3.44%, it was valued at $0.0284 with a market cap of $1.90 billion. The 24-hour trading volume of the coin was reported to be $519.65 million, as it fell by 2.70% over the day. Over the last seven days, the coin fell by 11.65%, like most major coins.

Like Bitcoin, Tron’s TRX/USDT pair was popular among users. HitBTC noted a trading volume of $46 million with TRX/USDT pair, followed by BW.com with $41 million. OKEx took third place with $39 million trading volume.

Source: ambcrypto.com