Home Blockchain News Crypto Bloodbath Vaults Tether to 4th in Market Cap Rankings

Crypto Bloodbath Vaults Tether to 4th in Market Cap Rankings

by Rss Feed from web
205 views
cryptocurrency news feed

With a roughly 10% increase to its market capitalization, Tether (USDT) has shifted to the fourth slot in the crypto market cap rankings. The repositioning can be attributed more to the downfall of other cryptocurrencies than it can to increased demand for Tether or expansion of its market cap. At $2 billion, it is about 20% of third-place Ethereum. Combined, the top three (Bitcoin, Ripple/XRP, and Ethereum) make up $70 billion of the current $112 billion cryptocurrency market capitalization. Former number four EOS dropped by over $200 million, or 10%, over the past 7 days. 24-hour trading charts showed EOS

The post Crypto Bloodbath Vaults Tether to 4th in Market Cap Rankings appeared first on CCN

Click To Read Full Article

* First published on ccn.com

Related Posts

Leave a Comment