Just a few hours back, the crypto market has been enjoying the greens with Bitcoin looking to break the December high with the total market cap rising above $140 billion. Now, in a matter of hours, the crypto market has gone deep red.
The leading cryptocurrency is down about 3 percent in the past 24-hours at $3,834, as per the data provided by Coinmarketcap. Meanwhile, the trading volume keeps on surging. It has not only broke the $9.9 billion high from February 19th which was last registered in May 2018, rather surpassed it by a good margin as it registers $10.79 billion.
This has the total market cap to drop down to $130 billion from $143 billion from a few hours back, losing about $13 billion in the process.
While the market has been seeing the greens, Crypto trader, Benjamin Blunts had said that this is just like the end of 2017 when Bitcoin started surging only for the altcoins to trying to catch up. Once altcoins register the gains, a market-wide dump follows. This is all rinse and repeat and nothing else.
Twogap Token Purchasing StatsFebruary 17-24, 2019
The 17th day we sold 50,000,000 TGT and total we received $11,012.
Prices of the previous day (February 17, 2019 ) are 1 TGT = $0.00022024.
The 18th day we sold 50,000,000 TGT and total we received $11,972.
Prices of the previous day (February 18, 2019 ) are 1 TGT = $0.00023944.
The 19th day we sold 50,000,000 TGT and total we received $10,629.
Prices of the previous day (February 19, 2019 ) are 1 TGT = $0.00021258.
The 20th day we sold 50,000,000 TGT and total we received $10,175.
Prices of the previous day (February 20, 2019 ) are 1 TGT = $0.0002035.
The 21st day we sold 50,000,000 TGT and total we received $11,593.
Prices of the previous day (February 21, 2019 ) are 1 TGT = $0.00023186.
The 22nd day we sold 50,000,000 TGT and total we received $11,056.
Prices of the previous day (February 22, 2019 ) are 1 TGT = $0.00022112.
The 23th day we sold 50,000,000 TGT and total we received $12,203.
Prices of the previous day (February 23, 2019 ) are 1 TGT = $0.00024406.
The 24th day we sold 50,000,000 TGT and total we received $9,815.
Prices of the previous day (February 24, 2019 ) are 1 TGT = $0.0001963.
Today (February 25, 2019) 11:00 UTC, we sale 50,000,000 TGT. And ended the February 26th sale at 10:00 UTC.
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