Bitcoin, Ether, and XRP Weekly Market Update March 16, 2020

The total crypto market cap lost $76.3 billion for the last seven days and now stands at $150.5 billion. The top 10 currencies were all in red for the same time frame with Binance Coin (BNB) and Bitcoin SV (BSV) being the worst performers with 40.3 and 38.6 percent of losses respectively. By the time of writing Bitcoin (BTC) is trading at $5,238 while Ether (ETH) moved down to $120. Ripple’s XRP fell to $0.149. BTC/USD Bitcoin nosedived to $8,027 on Sunday, March 8 in its worst session so far this year. It erased 9.7 percent of its value and was looking for a break of the psychological level at $8,000. Additionally, we saw both the 100 and 200-day EMAs being broken on the daily chart on...