The cryptocurrency market is in the red today. Yesterday we saw Bitcoin around $5,100, today we saw it suffer some losses. According to coinmarketcap.com, today we saw Bitcoin drop to around $5,000. Last Wednesday we saw Bitcoin hit its highest level in a few months, surging all the way past $5,400. This day last year Bitcoin was around $8,000.
Bitcoin Cash is one of the very few cryptocurrencies that is actually in the green today, experiencing some gains. And Bitcoin SV is the biggest loser out of the top 20 today with losses of over 21%. We saw the price of Bitcoin SV continue to head downhill after cryptocurrency exchange Binance announced plans to delist Bitcoin SV. Kraken also asked its users on twitter whether it should delist it.
On Monday we saw Bitcoin Cash climb past $326. Today it is around $316. Bitcoin Cash is in 4th place in terms of marketcap. In November, the whole crypto market suffered as a result of the bitcoin cash civil war. At the start of April, Bitcoin SV touched $93, but it has been plummeting ever since and today it is around $55.
Today, new security technology from Boston-based startup Arwen will go live, in beta, on cryptocurrency exchange KuCoin.
Please remember this is news, not investment advice.
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