Bitcoin, Ethereum Register Drop As Crypto Markets Collapse

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Bitcoin Price
Bitcoin price (Source: theblockcrypto )

Soon after surpassing the $12k mark, top running cryptocurrencies Bitcoin and Ethereum have registered a plunge in their growth rate.

Bitcoin dropped by over three percent to be now priced at $11,862 while Ethereum which has raked up a price over 3.50% has now plunged to $415.28.

Meanwhile, XRP has also registered a similar falls as it has dropped by over six percent to be placed at $0.295. Interestingly, all the top three cryptocurrencies have registered a drop in their growth rate.

Tether is the only cryptocurrency which has shown hint of stability with 0.03% growth to be priced at $1.00. While Chainlink which had seen a growth in the recent weeks has also seen a drop by over six per cent rate,

Meanwhile, Bitcoin Cash, Litecoin, Bitcoin SV, Cardano and Bitcoin SV have all dropped.