Yesterday saw the crypto industry shed $160 billion as the total market cap fell to $1.84 trillion, the lowest figure since March 18.
Today prices have recovered to $41,057 but there’s a way to go for Bitcoin to reach its 20-week SMA at $43,722.
LUNA’s losses in the past seven days are the highest of the crypto top 20, though LUNA did put in a new all-time high in early April as it hit a price of $119.
The altcoin just launched on the DigiFinex crypto exchange where its price is currently $0.000000438 – showing a 22% growth in the last few hours.
EverGrow Coin has a market cap of around $230 million, placing it just outside the crypto top 100, however its investors base has swelled to 137,000 in recent days in anticipation of new applications.
The cloud-based NEAR Protocol is also up 7.7% in the last 24 hours after it leapt into the crypto top 20 earlier this month.
Monero is a leading privacy coin that allows anonymous transactions, however, this has led to speculation the crypto is perhaps being used to evade sanctions across the globe.
Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies.