EthereumPoW (ETHW) Crashes 11%, Bitcoin Stopped Ahead of $20K: Market Watch

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The minor price increases from yesterday have been violently extinguished.

that there might be more pain on the horizon since the asset seems to be trading similarly to the bear market in 2018.As a result of today’s retracement, bitcoin’s market cap is down to $370 billion, and its dominance over the alts has taken a minor hit to 39.9%.Most altcoins enjoyed the past couple of days with slight gains, but they have followed bitcoin south today.

Ethereum had added about 5% in that aforementioned timeframe and had pumped to almost $1,350. However, the rejection at that level has pushed the second-largest crypto back down to $1,300. Ripple and Cardano have lost the most from the larger-cap alts – over 3% daily. Binance Coin, Solana, Dogecoin, Polkadot, MATIC, and Shiba Inu are also in the red from the larger-cap alts. Tron, Leo, and Uniswap are among the few exceptions with minor gains.after its listing on exchanges. More daily losses come from EthereumPow and Terra Classic – down by 11% and 7.5%, respectively.Cryptocurrency Market Overview.

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