Cryptocurrencies are in The Red; Ripple, NEO, and Stellar Lead the Selloff

6 Mar

Cryptocurrencies are in The Red; Ripple, NEO, and Stellar Lead the Selloff

Source: Crypto News
Cryptocurrencies are in The Red; Ripple, NEO, and Stellar Lead the Selloff

Ripple

Bitcoin (BTC) and the other top ten currencies are in the red today; digital currencies are giving up all the gains they generated during the last couple of days. Bitcoin price slumped again close to the $11,000 mark, while the double-digit decline in Ripple (XRP), NEO (NEO), and Stellar (XLM) prices slashed cryptocurrency market capitalization to $445 billion – down from Mondays high of $470 billion.

The crypto market hasn’t experienced any major supporting news from the market; the recent rally was based on speculations regarding the regulatory actions – indeed prices steadily moved higher in …

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