Cryptocurrency market in general bearish today. According to CoinMarketCap data, only two of the top 20 cryptocurrencies are green. Total market cap is hovering around $675 billion and is still trying to recover from the $630 billion low on January 11. showed a decline and is currently hovering at $ 13 thousand 430. Although Bitcoin is on the decline, its price is still more than $ 12 thousand 850 on December 22.
Image: CoinTelegraph
Announcing its partnership with MoneyGram on January 11, Ripple started to rise, but later on, MoneyGram launched Ripple only in a trial program. This increase turned into a decrease when he announced that he was using. One user on Twitter commented:
“Ripple’s post is trying to make it look like MoneyGram will use XRP outside of testing.. Ripple has been known to do this for years. They pay a company like MoneyGram to ‘test’ but actually buy marketing product to raise XRP.”
MoneyGram’s response was as follows:
“Hello. This is a pilot program to be tested in its international processes within MoneyGram and not for customer consumption.”
IOTA experienced a similar decline. Rumors that IOTA had “partnered” with Microsoft in early December were later clarified by IOTA, stating that Microsoft was only a “participant” in IOTA’s market space.. However, the price of IOTA has stabilized a little more.
When we look at the last 24 hours, Cardano and Tron have decreased by 11% and 13%, respectively.. At the time of writing, Cardano price is 0.75 $ and TRON is 0.09 $ current price is $20.37). While all of the top 20 coins were on the rise on January 12, only two coins were in decline and one of them was RaiBlocks.
Recent news that the coin’s web wallet is risky can be cited as the reason for RaiBlocks’ decline.. The wallet has been offline since the news broke.
Image: CoinTelegraph
Winners
The coin that spent the last 24 hours most productively according to current values WHAT IS THAT. NEO, which is up 9%, has been moving in a positive direction for several weeks. According to CoinMarketCap data, NEO, which was $ 52 on December 24, has reached the level of $ 151 as of now.
Another winner of the day is Ethereum Classic, which has grown by 6% in 24 hours.. Michael Sonnenshein, the manager of Grayscale, the Bitcoin and Ethereum Classic investment fund, can be shown as the reason for this increase in Ethereum Classic, which currently has a price of $ 42.. Sonnenshein talked about the future of digital currency investing based on Ethereum Classic in an interview with CNBC on January 12.
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