The recent drop in the price of bitcoin has affected most cryptocurrencies and the global market has already lost about US$ 200 billion in the last 24 hours, considering this Thursday afternoon (27) and Coinmarketcap data. However, this shrinkage of the market after significant increases is normal, especially from the largest crypto in the market.
Exactly a week ago, bticoin reached its record price, hitting US$ 66,800, and the performance also rocked the price of several assets. However, when yours arrives, the event takes the altcoins with it. See which cryptocurrencies in the top 100 of the global market have crashed the most in the last 24 hours.
Celo (CELO), which about a month ago hit its high history, reaching US$ 7.80, sees a fall in its surroundings at every 15% on this Thursday afternoon. Earlier, however, the 'loss' had been greater, when at dawn it dropped to $6.10. At the time of writing, altcoin is trading at $6.44.
LUNA has been packaged since mid-July this year, when it reached its highest levels since its launch just over two years ago, and on the 3rd, it broke its price record when it was traded at US$46.72. At the time of writing, LUNA is down 12.5% on the 24-hour chart and remains stable at around $40.
Internet Computer (ICP)
The ICP, altcoin that surprised overall when launched at the beginning of the year, is also facing a drop that hits around 15%. Internet Computer is traded this Thursday afternoon in the range of US$40. This price, however, is far from its historic high in May this year, when it reached an impressive US$700, reaching the top 10 of the global market.
In the same 15% drop range is Tezos (XTZ), which is also among the cryptos that have devalued the most from yesterday to today. At the time of writing, the XTZ token, one of the oldest on the market, is trading at $6, just over a dollar below Wednesday's price (26). With the exception of May 2018, when altcoin nearly hit rock bottom when it dropped to $0.34, Tezos is only 40% below its all-time high in 2017 of $10.56.
VeChain, another longstanding cryptocurrency on the market, is down 13% in the last 24 hours and at the time of text is trading at $0.12. Its all-time record was reached in April this year, when it hit US$ 0.25. For VET holders who bought the crypto in 2018 and kept them, the gain is quite indicative, since at the time the coin was worth only US$0.007.
The post Five cryptocurrencies that collapsed with the fall of Bitcoin first appeared in the Bitcoin Portal .