{"id":202026,"date":"2018-12-15T04:00:13","date_gmt":"2018-12-15T09:00:13","guid":{"rendered":"https:\/\/insidebitcoins.com\/news\/another-day-another-new-low-for-crypto-markets\/202026"},"modified":"2021-07-28T05:01:07","modified_gmt":"2021-07-28T09:01:07","slug":"another-day-another-new-low-for-crypto-markets","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/another-day-another-new-low-for-crypto-markets","title":{"rendered":"Another Day Another New Low For Crypto Markets"},"content":{"rendered":"<p>&nbsp;<\/p>\n<h2><a href=\"https:\/\/www.newsbtc.com\/category\/fomo-moments\/\">FOMO Moments<\/a><\/h2>\n<h5>Crypto markets dump to new lows again; Bitcoin Cash, SV, nearly dead, Litecoin surviving.<\/h5>\n<p>As predicted yesterday crypto markets have dumped to a new low during intraday trading. A minor recovery during the week could not be sustained and total market capitalization has fallen to a new low of $101 billion a few hours ago.<\/p>\n<p>Bitcoin led the drop when it fell through support at $3,400 a couple of days ago and kept going back down to a new 2018 low of $3,205 at 22.00 UTC. A quick bounce took it back to $3,250 but Bitcoin is still at its cheapest price for 16 months.<\/p>\n<p>Needless to say Ethereum has also been smashed dropping to a low of $83 before recovering back to a very weak $85. The rest of the altcoins are all in pain during Asian trading today. The top ten is a sea of red and as usual the Bitcoin Cash twins are getting hammered with BCH dumping 10% and BSV 12%. EOS and Litecoin have stopped falling at the time of writing but the rest are down a couple of percent.<\/p>\n<p>The top twenty is all in the red also with Monero and Nem getting hit the hardest dropping around 7% each. The rest are down 2-4 percent <a href=\"https:\/\/www.newsbtc.com\/2018\/12\/14\/cryptocurrency-market-update-the-friday-dump-is-getting-tedious\/\">since yesterday<\/a> and are at rock bottom prices for the year.<\/p>\n<p>There are only two altcoins getting a fomo pump at the moment, Waves and Revain are up about 10% right now. Syscoin has entered the top one hundred with a big pump today but it is likely to do the exact opposite tomorrow. DEX is getting smashed at the other end of the table with a 40% dump on the day. MobileGo is also having a bad day with a 20% drop.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/12\/totalcap1512.jpg\"><img decoding=\"async\" class=\"alignnone size-full wp-image-365605\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2018\/12\/totalcap1512.jpg\" alt=\"\" width=\"1429\" height=\"500\" \/><\/a><\/p>\n<p>Total market capitalization is down another 3% on the day and is currently around $103 billion. A new 2018 low was made a few hours ago of $101 billion and as things stand market cap will be double digits very soon. Over 9% has been lost from crypto markets since last weekend and almost 45% since the same time last month. The selloff does not seem to be abating and things are not even stabilizing at a bottom \u2013 down is the only direction for cryptocurrencies at the moment.<\/p>\n<p><em>FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>The post <a href=\"https:\/\/www.newsbtc.com\/2018\/12\/15\/another-day-another-new-low-for-crypto-markets\/\" rel=\"nofollow\">Another Day Another New Low For Crypto Markets<\/a> appeared first on <a href=\"https:\/\/www.newsbtc.com\/\" rel=\"nofollow\">NewsBTC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">&nbsp; FOMO Moments Crypto markets dump to new lows again; Bitcoin Cash, SV, nearly dead, Litecoin surviving. As predicted yesterday crypto markets have dumped to <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/another-day-another-new-low-for-crypto-markets\" title=\"Another Day Another New Low For Crypto Markets\">[&#8230;]<\/a><\/div>","protected":false},"author":1085,"featured_media":202029,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-202026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Another Day Another New Low For Crypto Markets - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Crypto markets have dumped to a new low during intraday trading. 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