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Cryptocurrency markets fall after a recent rise, most coins in the red

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The cryptocurrency market is experiencing lows today, Jan. 14, with only three of the first 20 coins on CoinMarketCap in the green.

The total market capitalization remains around 692 billion dollars, still recovering from the decline of 11 January to about 630 billion dollars.

Large Drops

Altcoin Ripple (XRP), which had been up to 18 percent as recently as January 12, showed a 10 percent loss over a period of 24 hours to press the time.

<img alt=" Ripple Charts "src =" uploads / view / 423a16f4e4ed6c93b8a6ba1ba134cc4c.png "title =" Ripple Charts "/>

XRP had seen a significant rise after the altcoin had announced the news of a partnership with MoneyGram on Jan. 11, but could have dropped after MoneyGram's clarification that they are strictly using the altcoin for a program Driver:

Altcoin IOTA experienced a similar decline in early December after clarifying that Microsoft was not officially their partner, as reported by the Altcoin blog, but rather a participant in their market.

Altc Cardano and Tron have both seen respective declines of 13 and 17% over 24 hours, The biggest decline today is Altcoin RaiBlocks, down about 16% over 24 hours and 20th on CoinMarketCap, selling $ 21.19 at the time of publication. RaiBlocks was also one of only two coins in the red on January 12 when the rest of the market was up

The fall of RaiBlocks could be attributed to recent reports of a door -committed web currency for the altcoin, which has since been disconnected.

<img alt=" RaiBlocks Graphics "src =" "title =" RaiBlocks Tables "/>

The only winnings

Ethereum Classic (ETC) experienced the strongest growth in 24 hours, up more than 17% and selling $ 44.32 at the time of publication, with Michael Sonnenshein, Director at Bitcoin (BTC ) and ETC Grayscale investment fund, talking about the future of investment in digital currencies in terms of ETC.

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Altcoin Neo also experienced a small rise, increasing closely by 3% in 24 hours and sell for $ 137.45 at press time, with Bitcoin Gold also slightly up with 0.37 Bitcoin is down about seven percent over 24 hours and is trading at the time of press for an average of $ 13,474.70, higher than the December 22 market price of $ 12,850.


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