Recently we have seen massive growth in the price of digital coins. But on 14th January, 2018, according to CoinMarketCap, only three coins among top 20 coins are moving upside. The total market cap was $692 at press time which is more than the total market cap on 11th January, 2018.
Recently, a massive fall down is seen in the price of Ripple (XRP). The price of Ripple (XRP) went down by 10 percent within 24-hour to press time. When news of a partnership with MoneyGram was published, the price of altcoin Ripple (XRP) started moving upside, but it again started falling when MoneyGram’s explanation became public. They have no plan to implement this altcoin for consumer use. They are running a pilot program in which Ripple (XRP) is going to be used.
The same fall down is seen in the price of altcoin IOTA in December when a clarification was made that Microsoft was not associated with IOTA. 13 and 17 percent fall down have been seen in the price of altcoins Cardano and Tron over 24-hour.
Altcoin RaiBlocks has experienced about 16 percent drops in its price over 24 hours at press time. On 12th January, all coins were growing while only two coins including RaiBlocks were performing in the red.
To read more news visit here: https://cointelegraph.com/news/cryptocurrency-markets-falling-after-recent-rise-most-coins-in-the-red