The cryptocurrency market has awakened the sleeping bear, which has led to many major coins to fall. Stellar Lumens [XLM], Bitcoin Cash [BCH] and Litecoin [LTC] have been consistently falling over the day. XLM reported a fall of over 5% in the past 24 hours, while BCH and LTC were falling over 4%.
Stellar Lumens [XLM]
At the time of press, XLM was valued at $0.0745, with a market cap of $1.4 billion. The coin registered a 24-hour trading volume of $120 million while noting a steep fall of 5.30% in the past day. The coin was already falling over the past week by 12.56% and was falling by 0.46%.
The coin was highly traded on ZB.COM, which noted a trading volume of $17.5 million with the XLM/USDT pair. The second place was taken by Exrates, which reported a volume of $13 million with the XLM/BTC $13 million. The third place was taken by LATOKEN with $10.8 million volume, with the XLM/ETH pair.
Bitcoin Cash [BCH]
At the time of press, BCH was falling by 0.62% in the past hour, however, it has already fallen by 4.73 % over the past 24 hours, while reporting a fall of 2.01% over the past seven days. The coin was valued at $113.56, with a market cap of $1.9 billion. The coin registered a 24-hour trading volume of $222 million.
The coin was highly traded on P2PB2B exchange and recorded a volume of $14.5 million with the XLM/USDT pair and $13.8 million with the BCH/BTC pair. The BW exchange registered a trading volume of $13.4 million with the BCHABC/USDT pair.
Litecoin has noted the lowest fall, however, it is significant enough to fall under BCH with 4.14% over the past day. The coin was valued at $32.73, with a market cap of $1.9 billion. The coin registered a 24-hour trade volume of 748 million and noted a minimal growth by 0.06%. The coin does not reflect a fall in the past week, as it reflects a rise of 3.63% over the past week.
The coin was highly traded on Coineal, as it reported a volume of $49 million with the LTC/BTC pair. Coineal was followed by OKEX and DigiFinex with a volume of $43 million and $39 million with the LTC/BTC pair.
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Small victory for iFinex, Monero responds to Reuters report and more
Crypto News – 23 May – Small victory for iFinex, Monero responds to Reuters report and more
— AMBCrypto (@CryptoAmb) May 23, 2019
Crypto News – 23 May
Another banks drops crypto-project: After Dutch multinational bank, ABN AMRO, Rabobank announced that it is dropping plans to launch its own crypto-project
Read more at https://bit.ly/2HN7l1P
SCB Thailand on XRP adoption: Thailand’s Siam Commercial Bank asked users to remain patient and wait for an announcement about integrating and adopting XRP for transfers
Read more at https://bit.ly/2YK3Lws
Mark Yusko on Bitcoin: Morgan Creek Capital’s Chief Investment Officer is in the news after he claimed that owning Bitcoin was a great way to diversify one’s portfolio
Read more at https://bit.ly/2Eukv2O
Binance Coin on adoption spree: BNB can now be traded on Tesla using two wallets
Read more at https://bit.ly/2YJn5cY
Binance Research on Facebook: New research by Binance claimed that the entry of Facebook in the cryptocurrency market will define market’s future growth drivers
Read more at https://bit.ly/2VKx8N1
Binance’s IEO performance: Binance led the IEO performance charts as new data revealed that the exchange’s Launchpad token sales outpaced competing platforms
Read more at https://bit.ly/2JX9gUg
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