Bitcoin’s Volume Recovers as Augur Drop 18%, Tokens Take Huge Beating
On July 22, REP rose by over 35 percent against both BTC and the US dollar, following a surge in volume from 70 BTC to 2,000 BTC on Binance, the largest crypto exchange in the global market. Over a span of 24 hours, the price of REP fell 15 percent from nearly 0.006 BTC to 0.00435 BTC.
Bitcoin and Bitcoin Cash have been able to secure momentum with a 2 percent increase in price, while the rest of the market fell significantly within a short period of time. Even tokens like 0x (ZRX) and Decentraland (MANA), which have performed especially well against bitcoin in the past week, fell by over 8 percent.