After a major bull rally this week, the whole cryptocurrency market started a downward correction today which has led to the total market capitalization of cryptocurrencies falling beneath $140 billion. Bitcoin went to a weekly high of $4080 yesterday before correcting downwards, although Bitcoin is still placed well above $4000. Currently, Bitcoin is trading around 4018 at the time of writing. Ethereum also hit a weekly high of $144 yesterday before correcting downwards and is currently trading around $139. XRP is also down by more than 1% in the daily chart currently trading around $0.317. Bitcoin Cash fell more than 4% today falling back below $150 range.
Although nine of the top 10 cryptocurrencies by market capitalization are in RED today, Binance Coin, the 7th largest cryptocurrency by market cap (according to coinmarketcap) is still in GREEN. It is up by more than 3.5% in the last 24 hours and has almost tripled in value in just three months. Binance Coin is currently priced around $15.557 and is trading a positive momentum.
BitTorrent has spiked more than 12% in the last 24 hours is the best gainer of the day. The volume of BitTorrent Coin is experiencing a tremendous amount of increase in the last few hours jumping from around $12 million to around $65 million. BTT is currently trading around $0.000830. BitTorrent has just launched its early access program and airdrops are also on the way and maybe this is the reason for the bull run. BitTorrent also tweeted about the Early Access Program recently: