XRP fell below $1.00 on Saturday as a fresh crypto sell-off pushed Bitcoin under $67,000 and Ethereum under $1,900. Daily liquidations once again approached $700 million.
XRP dipped to $0.984 on Saturday morning, breaking below a psychological level. Ripple's token stood at $1.35 less than ten days earlier.
Liquidations again reached almost $700 million on a daily scale, as the market stayed deep in red. The new leg down came as the weekend began, which is typically a calmer period.
Bitcoin falls under $67,000, Ether under $1,900
Bitcoin dived under $67,000 for the first time in almost three months. It fell to $66,500 on Saturday morning, after a rebound to $70,000 on Friday failed to hold. The last time it traded at such low levels was in mid-August, just before its breakout rally began.
Ethereum dropped under $1,900 and now fights to stay above that level. By comparison, ETH was close to $2,500 on November 5.
Bitcoin's market value shrinks
Bitcoin's market capitalization has slumped to $1.35 trillion on CMC. Its dominance over the alts is down to 59.5%.
The slide followed a rally that proved short-lived. Bitcoin exploded to $81,000 within hours on November 5, but the subsequent rejection pushed it below its starting point by Friday.
Source: CryptoPotato
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