NEWSBTC: Bitcoin Hits New 2018 Low, Will BTC Fall to $4000 This Month? November 19th Cryptocurrency News
Bitcoin price: $5,169 as of 10am EDT.
Hitting headlines last week was the bitcoin cash hard fork. As a result of the bitcoin cash civil war, the blockchain was split into two different cryptocurrencies bitcoincash ABC and bitcoincash SV. The crypto market started to struggle ahead of the fork and it continues to suffer today. We saw Bitcoin reach its lowest level in a year falling below $5,330. This day last year the price was over $7,700. The total cryptocurrency market cap dropped below $173 billion.
Tezos is the biggest loser today out of the top 20 as it suffered losses of more than 15%, Out of the top 10 Caradano’s ADA is the biggest loser suffering losses of more than 12%, and Ethereum is also having a really bad day suffering losses of more than 11%, falling to $156.
Now let’s see what else is happening in the crypto world. South Korean cryptocurrency exchange Zeniex stop operating its services on November 23rd. The trading platform was only established in May of this year.
Please remember this is news, not investment advice.
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