Cryptocurrency Trading Update: NEM Back Over $1 Billion Market Cap10.38

Red is still dominating most cryptocurrencies this morning as the slow selloff continues. Downward pressure has eased somewhat though and total market capitalization has not fallen that much overnight, it remains above $210 billion for now.

Over the past 24 hours Bitcoin has dropped a little further falling to $6,365. It remains supported at $6,300 but the weekly trend is downwards and BTC has lost almost 3% on the week. Ethereum is showing no positive signs either and remains in a downwards spiral dropping below $210 again.

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