Crypto bulletin
Bitcoin pulled down by the crypto bears
Bitcoin escaped the descending triangle and faced a massive plunge of $1,500, touching the low $8,000. Peter Schiff, the CEO of Euro Pacific Capital, has predicted the price to fall to $4,000 or even lower. The down-slide of bitcoin has affected every crypto coin. Altcoins experienced a similar dip.
SEC continues to avoid BTC ETFsÂ
SEC once again delayed its decision on BTC ETFs. The commission has postponed the verdict on Wilshire Phoenix Bitcoin ETF which applied in January. The decision will now come out on18th October. Earlier this month, VanEck and SolidX withdrew their applications for ETFs assuming the decision will not be in their favor. No bitcoin ETFs have attained approval thus far.Â
Price drop surfaces XRP value
XRP has witnessed a decline of almost 13%. Along with it, two hundred fifty million XRP worth $67,045,053 was transferred from one anonymous wallet to another.Â
Bitcoin Price
Current Bitcoin Price – $8,406.15
Yesterday, Bitcoin opened at a price of $9,729.32. The fluctuations drove it to the lowest value of $8,370.80 and the highest value of $9,804.32 in 24 hours. Bitcoin closed at $8,620.57 and saw a decrease of 11.40% throughout the day. The crypto coin is still below its all-time high value of $20,089.00 by 51.19%.
Ethereum Price
Current Ethereum Price – $168.35
Yesterday, Ethereum opened at $201.84. The fluctuations drove it to the lowest value of $162.73 and the highest value of $203.50 in 24 hours. Ethereum closed at $168.11 and saw a decrease of 16.71% throughout the day.
The crypto coin is still below its all-time high value of $1,432.88 by 85.79%.Â
Ripple Price
Current Ripple Price – $0.238274
Yesterday, Ripple opened at $0.268686. The fluctuations drove it to the lowest value of $0.227052 and the highest value of $0.272868 in 24 hours. Ripple closed at $0.235226 and saw a decrease of 12.45% throughout the day.
The crypto coin is still below its all-time high value of $3.84 by 92.89%
Litecoin Price
Current Litecoin Price – $55.11
Yesterday, Litecoin opened at $66.84. The fluctuations drove it to the lowest value of $55.82 and the highest value of $67.61 in 24 hours. Litecoin closed at $55.82 and saw a decrease of 16.49% throughout the day.
The crypto coin is still below its all-time high value of $375.29 by 81.98%.
Cardano Price
Current Cardano Price – $0.037331
Yesterday, Cardano opened at $0.046259. The fluctuations drove it to the lowest value of $0.036023 and the highest value of $0.046666 in 24 hours. Cardano closed at $0.037573 and saw a decrease of 18.78% throughout the day.
The crypto coin is still below its all-time high value of $1.33 by 96.49%.
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Bitcoin Market Cap
The day ended with $151,068,639,720 for the Bitcoin Market Cap.
 Ethereum Market cap
The day ended with $18,163,034,137 for the Ethereum Market Cap.
 Ripple Market cap
The day ended with $10,264,862,905 for the Ripple Market Cap.
 Litecoin Market cap
The day ended with $3,490,335,170 for the Litecoin Market Cap.
Cardano Market cap
The day ended with $967,885,952 for the Cardano Market Cap.
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Bitcoin Trading Volume
The 24-hour trading volume of Bitcoin – $28,896,377,969  Â
Ethereum Trading Volume
The 24-hour trading volume of Ethereum – $13,223,062,324  Â
Ripple Trading Volume
The 24-hour trading volume of Ripple – $2,319,521,602
Litecoin Trading Volume
The 24-hour trading volume of Litecoin – $4,196,710,718
Cardano Trading Volume
The 24-hour trading volume of Cardano – $155,188,086  Â
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Whale alerts
Crypto enthusiasts beware of these whales
- 10,000 BTC ($86,898,184)transferred from an unknown wallet to another unknown wallet. Transaction ID:Â 7c10ada39ba353587b1599f60e4f5ced4316918e71ccb534402590aab7cd78fa
- 4,500 BTC ($39,092,988 USD) transferred from Okex to Binance. Transaction ID:Â ffb2c83731e408ec7773f9b9c2c3f53104508b8545a061dd4a3eb1e8bf37a93c
- 3,999 BTC ($34,671,984 USD) transferred from an unknown wallet to Okex. Transaction ID:Â 2fce9e14151bc7488722b11d557ba6d87d62ca33e45ec30fe5d0fdea4df792ab
Crypto controversy
Expectations in Bakkt led to disappointment.
Bitcoiners right now, what idiot suggested we put #bitcoin on BAKKT pic.twitter.com/ByftRC5aCT
— Lionel (@Lionel46294550) September 24, 2019
What to expect today?
Bitcoin dropped to low $8,000, reaching to the red support zone. Will the bulls pull up the prices or bears claw deeper?