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  • Live Update: Bitcoin, Ethereum, XRP, EOS, Litecoin, Bitcoin Cash, Stellar and Tron Turn Red As Crypto Volatility Returns

Live Update: Bitcoin, Ethereum, XRP, EOS, Litecoin, Bitcoin Cash, Stellar and Tron Turn Red As Crypto Volatility Returns

February 24, 2019

A sharp reversal hit the crypto markets on Sunday, with the overall market cap of all coins dropping more than $13 billion in just two hours, from $141.83 billion to $128.39 billion, according to CoinMarketCap.

Bitcoin plunged below the $4K mark, down 3.67% to $3,807 at time of publishing, according to Coin360. In the top coins by market cap, Litecoin dropped the most, down 9.73% at $43.68.

• Stellar down 8.91% to $0.0824• Ethereum down 6.56% to $137.80• EOS down 6.39% to $3.59• Binance Coin down 6.29% to $9.79• Bitcoin Cash down 6.23% to $131.41• XRP down 5.6% at $0.3016• Tron down 4.89% to $0.0236

Crypto analyst Joseph Young says he couldn’t believe his eyes when the bottom fell out.

When Binance alerted me Bitcoin was below $3,800 I thought it was a visual bug.

There is no market that is as unpredictable as crypto pic.twitter.com/6s8ioL1vUn

— Joseph Young (@iamjosephyoung) February 24, 2019

Meanwhile, technical analyst DonAlt is calling it a classic weekend dump. You can watch his livestream below.

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.