• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Price & Market
Cap Data from
Nomics Logo Nomics Logo
Bitcoinist.com
No Result
View All Result
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining
Bitcoinist.com
No Result
View All Result
Nexo

Bitcoin Market Wrap Up: 4/5 – 4/12: BTC, LTC, and DASH Down, Crave Cut Short

Nigel Dollentas by Nigel Dollentas
6 years ago
in Altcoin News, Altcoins, Bitcoin, Darkcoin, Emerging Markets, Litecoin, Markets and Prices, News, News teaser, Trending
0

The bitcoin price is down once again this week — by approximately 9.7% — and volume has been extremely low as well, which comes to more of a shock to people than the price.

BItcoin ChartCMC

Also Read: Last Week’s Market Wrap Up

As of press time, bitcoin’s total 24 hour USD volume was $12.2 million, lower than the average $15 – $20 million USD volume we see on a typical day of trading.

Price has flatlined in the last couple days, with only minor fluctuations in across all exchanges. It as if the bitcoin price will keep moving sideways, as it has often done  in the past.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

While bitcoin is the cryptocurrency that is most scrutinized when looking at overall health of the collective ecosystem, other cryptocurrencies have been hit harder. This is typically the case as other cryptocurrencies are more subject to being influenced by swing of market trading.

Altcoin Market Analysis

Take, for example, Digital Cash, formerly known as Darkcoin. The hype and excitement that came from the coin’s rebranding is waning, and the price is down 20.57% this week.

DASH is now returning to normal, pre-rebrand price levels, which is around the 0.0125 BTC price range.

DASH volume interestingly enough has also returned to similar levels. I have included a 30-day chart in lieu of the standard 7-day table to better illustrate DASH’s movements.

dash cmc

Litecoin, another altoin that all cryptocurrency users are familiar with, is down by almost 15% this week. Litecoin’s volume remained relatively stable throughout the week.ltc_cmc7day

This holds true in both the seven day overview as well as the 30 day overview, suggesting a potential short to the mid-term trend for Litecoin.

ltc_cmc30day

Litecoin still holds third position in market capitalizations, with an extensive margin of about $30 million+ compared to DASH, which is in fourth place.

Crave, which was making enormous movement for the last two weeks or so, has had its 15 minutes of fame cut short. While Crave is  surprisingly still up 22%, the current price of $0.28 is a far cry from the $2 mark that crave was very close to achieving just a few days ago.

crave_cmc

Many users on the BTT threads speculate the pump and dump scheme members of this community are so acquainted with seeing had to do with the “ShadowTrashCommunity” but as stated, is only speculation.

crave_speculation111

While this week in cryptocurrency did see its fair share of losses, there were also coins that saw significant price increases. That is what makes bitcoin exciting, the high risk and high rewards that entice people into learning more, followed by the practicality as well as ease of use that makes people stay.

Photo Sources: CMC, BTT

What do you think the cryptocurrency markets will be like next week? What are your strategies in a sideways market? Let us know in the comments below!

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Nigel Dollentas

Nigel Dollentas

Born in the Philippines, currently stationed in the USA. The youngest member of our writing team, Nigel is our freelance writer. Learned about Cryptocurrency right after the Mt. Gox crash and has been passionate ever since. @NigelDollentas

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
© 2021 Bitcoinist.com. All Rights Reserved.
  • Home
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Press releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
    • Monero Price
    • MimbleWimbleCoin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Btcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Trade
  • Play Games
  • Mining

© 2021 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.