is D-Day for down-trend confirmation, analytics website Woobull creator Willy Woo wrote on Twitter late Monday. For altcoins, the knock-on effect of Bitcoins fall was as usual more pronounced. Market Cap Sheds 3 Billion In 24 Hours. Changpeng "CZ" Zhao said that the exchange had experienced an all-time high for trading system load a few hours ago. Whats Happening to BTC price?
Ethereum (ETH) currently trades at 104, its lowest price since December. Asked at what price it could see an ultimate low, he suggested further losses of around 30 percent could still occur. A lot has changed in the cryptocurrency markets since the all-time high of December 2017. Join our Telegram channel! Price image via Shutterstock. However, data shows some exchanges were more affected than others. A slide to 2200 would still constitute a stronger performance than that predicted by fellow analyst and trading veteran Tone Vays in December, who warned Bitcoin could soon end up at 1300 or even lower.