After Two Weeks Of Gains Markets Are Down Across The Board, Bitcoin Below $9,000

Bitcoin^[1] (BTC) is trading below $9,000 today, as the market dips significantly after two weeks of gains^[2], Coin360^[3] data shows.

BTC is currently trading around $8,848^[4] after reaching $9,708 at one point earlier today, now down around 5 percent over a 24 hour to press time.

Ethereum^[5] (ETH) is back below $700, trading at around $607^[6] by press time and down about 12 percent over a 24 hour period.

Of the top ten coins on CoinMarketCap, only EOS^[7] is up, between 0 and 1 percent over a 24 hour period and trading at around $14.07. EOS has seen a rise in price since the April 6 announcement^[8] of the pre-release of the Blockchain^[9] scalability platform EOSIO Dawn 3.0

IOTA^[10] is down the most, around 17 percent over a 24 hour period and trading at around $1.79 to press time. Bitcoin Cash^[11] (BCH), which had seen an around 100 percent increase this week, is now down about 15 percent over a 24 hour period, trading for around $1,263 by press time.

Total market cap has gone below $400 bln, currently at $386 bln^[12] after reaching $436 bln earlier today.

References

1. ^{^} Bitcoin (cointelegraph.com)
2. ^{^} two weeks of gains (cointelegraph.com)
3. ^{^} Coin360 (coin360.io)
4. ^{^} $8,848 (cointelegraph.com)
5. ^{^} Ethereum (cointelegraph.com)
6. ^{^} $607 (cointelegraph.com)
7. ^{^} EOS (coinmarketcap.com)
8. ^{^} April 6 announcement (cointelegraph.com)
9. ^{^} Blockchain (cointelegraph.com)
10. ^{^} IOTA (coinmarketcap.com)
11. ^{^} Bitcoin Cash (coinmarketcap.com)
12. ^{^}