25 September, 2019
In the middle of the week, the average market rate of Bitcoin reportedly collapsed by 12%, which is similar to the drop drop recorded in late June (from $13,700 to $10,500).
For reference, quotes lost parctically $1,000 falling from $9,500 to $8,370 just over an hour. However, the price strengthened dramatically after that.
At present, the coin changes hands near $8,400.
Due to the depreciation, Bitcoin trading volumes increased by 80% and reached $27 billion. The coin capitalization is $153 billion.
Almost all 100 altcoins from the Coinmarketcap rating have fallen in price over the past 24 hours. Ethereum has fallen in price by 16% over the past 24 hours, XRP - by 12%. Immediately 25 coins lost 20% of the price: Bitcoin Cash and Bitcoin SV, EOS and Ethereum Classic.
The total market capitalization decreased from $257 billion to $222 billion - by 14%. Trading volumes increased by 69% and currently amount to $98 billion.