4 seems to be the unlucky number for cryptos today, as all top 10 cryptocurrencies are in the red, with loss values of greater than 4% each. The market leader, Bitcoin [BTC] shed 5.75% in value over the past 24 hours, with Ethereum and Ripple’s XRP at 8% and 5% respectively.
The market took a collective tumble, as it lost $13 billion over just a few hours. While the collective market cap was around $286 billion in the early hours of June 22nd, it suddenly dropped down to $273 billion later in the same day.
The biggest loser of the top 10 was EOS, with a loss of 10.67% over 24 hours. With the mainnet launch being plagued with issues such as the block producing stopping within a few days of the launch, and talks of malicious bugs, EOS has had a tough week. It lost 13.86% over 7 days, which reflects the FUD that was spread over the week. Its current price is $9.42
Cardano [ADA] and Bitcoin Cash [BCH] lay in the 8% loss bracket, as they both lost 8.16% over 24 hours. Cardano is trading at $0.14, while Bitcoin Cash rests at $813.
Following closely behind was Ethereum [ETH], at 7.56% loss. It is currently trading at $496 after it took the hit. Litecoin is in the same loss zone, as it lost 7.02% of the value and is now trading at $90.
A majority of the top 10 coins aimed to rough out the tough market conditions, and instead lost around 6% of their value. These coins are Tron, with a loss of 7%, IOTA, and Stellar Lumens, with a loss of 7.48% each. Tron’s TRX is trading at $0.04, while MIOTA is trading at $1.08. XLM is trading at $0.21.
Bitcoin and Ripple [XRP] were the most resilient to the changes in the market, with a loss of 4.87% each. Bitcoin dropped down to $6,356 after the crash, briefly pausing at $6,666.66, sparking investors’ superstitions. XRP is trading at $0.51, continuing to hover around the $0.50 mark as it has over the week.