$98,170.00
6.02%$3,440.93
10.54%$2.30
16.53%$676.63
9.12%$192.78
9.24%$0.335949
25.12%$0.999616
-0.12%$0.957243
24.86%$3,432.13
10.30%$0.250863
11.28%$40.55
19.55%$23.80
18.28%$4,086.70
10.20%$5.48
13.98%$4.73
34.85%$0.00002298
23.04%$97,966.00
5.90%$0.375752
19.34%$7.43
21.57%$33.48
43.92%$0.268418
13.94%$3,443.09
10.80%$467.42
19.25%$9.27
1.33%$13.86
22.98%$0.0000188
29.09%$103.68
18.80%$3,634.01
10.49%$5.37
17.88%$4.30
15.11%$0.999057
0.25%$10.58
5.84%$10.90
22.67%$0.999546
-0.05%$321.26
17.55%$0.168406
18.25%$0.502023
20.72%$27.34
14.95%$1.22
20.92%$7.61
23.90%$0.04841201
25.20%$3.94
14.45%$484.98
20.30%$192.41
14.29%$1.36
20.01%$24.52
0.73%$1.17
35.13%$0.802006
18.58%$5.23
18.17%$0.125135
12.72%$1.067
24.09%$0.354789
24.22%$46.16
9.91%$7.02
19.65%$2.70
30.40%$1.78
13.37%$1.81
21.33%$1.89
16.51%$0.0000333
32.80%$1.46
18.40%$5.36
22.06%$1.033
48.56%$2.27
29.20%$22.24
18.78%$2.15
23.15%$0.222979
20.20%$3,442.97
10.21%$98,272.00
6.13%$0.454508
21.10%$0.03034356
30.46%$2.36
19.53%$5.33
17.28%$3,548.97
9.91%$0.03586899
26.55%$3,856.12
10.56%$0.00017864
22.25%$0.998947
0.38%$118.08
23.27%$13.25
11.80%$0.03838236
28.43%$3,618.55
10.30%$1.78
26.45%$0.02813984
12.61%$18.92
11.37%$0.02874152
31.83%$98,212.00
6.05%$1,674.92
11.25%$0.59709
25.25%$3.33
0.15%$0.389977
19.61%$0.999691
-0.19%$1.36
24.06%$1.38
13.13%$0.234388
22.49%$98,070.00
5.98%$0.13714
24.56%$11.31
10.81%$4.61
20.42%$0.856915
20.35%$3,540.03
10.53%$7.11
17.16%$196.54
8.89%$36.95
15.64%$0.883149
17.67%$1.66
25.93%$0.754137
19.29%$0.078328
20.01%$0.501694
16.08%$17.26
19.00%$0.315207
23.86%$56.06
16.60%$1.56
20.67%$0.965377
26.68%$0.86903
25.19%$0.00000111
15.19%$1.15
16.64%$240.37
8.99%$14.80
17.14%$6.59
23.36%$36.75
23.46%$0.502578
20.88%$0.503806
19.88%$97,262.00
4.21%$1.22
20.99%$0.882601
-8.33%$5.36
28.79%$3,435.40
11.83%$97,714.00
5.57%$54.78
32.27%$0.00000218
9.41%$4.03
12.80%$3.10
12.05%$0.090402
21.50%$3.36
19.67%$0.286742
19.70%$0.733843
34.03%$0.168359
18.49%$0.810012
24.06%$0.645015
19.40%$3,443.15
10.67%$85.09
22.64%$205.32
9.32%$0.997875
0.43%$2.51
20.70%$1.98
16.75%$0.796181
46.68%$1.64
31.41%$2.14
14.83%$3,442.53
10.17%$0.00003642
17.14%$22.26
20.45%$0.0070154
27.13%$1.56
20.76%$0.00826662
18.24%$0.336427
25.12%$268.58
15.88%$0.78191
23.16%$0.187073
22.90%$0.0066829
18.45%$0.684145
15.38%$97,135.00
8.36%$0.668469
26.54%$5.91
20.74%$2,628.66
1.09%$0.995221
0.29%$0.00
32.49%$3,620.54
10.39%$0.01168637
26.27%$0.00011396
24.17%$2.54
22.16%$3,726.26
10.39%$0.00883916
25.00%$19.84
28.41%$1.26
-1.58%$0.086558
20.08%$0.00653599
23.87%$27.66
16.66%$0.277853
17.92%$1.12
22.01%$3,443.16
10.74%$11.12
18.88%$0.407269
20.32%$1.36
30.29%$1.30
23.16%$0.546165
39.14%$14.56
32.87%$0.077483
4.40%$98,136.00
6.02%$1.018
0.23%$0.999342
-0.26%$0.00000053
9.97%$0.054385
44.28%$2,624.70
0.95%$1.56
17.09%$32.79
29.46%$0.01137256
24.05%$97,323.00
6.34%$3,436.77
10.59%$8.91
-13.30%$5.01
18.19%$3,442.60
10.58%$0.458585
22.03%$1.001
0.31%$0.00656925
39.17%$0.062913
18.11%$38.60
21.19%$0.291158
61.73%$0.067447
17.02%$0.00256496
25.09%$0.00658508
19.26%$0.00583852
25.52%$97,934.00
6.28%$2.15
19.09%$3,590.26
10.25%$3,698.69
10.74%$0.00105621
21.92%$1.06
-0.40%$0.02233345
24.07%$3.28
14.48%$26.81
58.70%$0.235871
25.29%$0.073947
12.79%$0.00000337
26.97%$0.486578
19.16%$5.26
6.64%$0.999545
2.08%$0.21727
19.72%$1.077
-0.20%$88.64
3.83%$2.56
22.67%$0.999406
0.07%$0.697024
21.24%$0.00000018
14.82%$3,800.62
10.39%$0.03885121
13.00%$3.05
12.72%$3.53
19.12%$0.14457
13.52%$0.90843
11.16%$0.03741936
21.94%$47.78
20.11%$0.762933
30.96%$0.0110287
22.24%$0.36968
17.29%$1.003
0.02%$0.368177
22.78%$0.366394
68.67%$0.03849744
21.07%
Most major cryptocurrencies are now in the red today following a major sell-off last night.
Currently, every cryptocurrency in the top ten by market capitalization is down at least 3% in the last 24 hours. Among these, Bitcoin (BTC) and XRP have suffered the least damage after losing almost 3.5% apiece, while Binance Coin (BNB) and Tezos (XTZ) have both taken losses of more than 5%. Despite this loss, Bitcoin is still trading at above its 50-day simple moving average (SMA), indicating the trend is still bullish for the medium term.
Overall, more than $14 billion was wiped off the total market capitalization of all cryptocurrencies in the last 24 hours (when measured peak to trough). This bearish momentum marks the second straight day of losses for the crypto market, seemingly putting a full stop to the month-long period of the growth that just passed.
In light of the attack from the Invisible Enemy, as well as the need to protect the jobs of our GREAT American Citizens, I will be signing an Executive Order to temporarily suspend immigration into the United States!
— Donald J. Trump (@realDonaldTrump) April 21, 2020
It isn't just the crypto market that has taken a beating either. Practically all major stock indices including the Dow Jones and S&P 500 are also in poor shape today, after US President Donald Trump announced that he plans to temporarily suspend immigration.
Unlike many market sell-offs, there appears to be an obvious cause behind today's bearish activity. As Decrypt previously reported, West Texas Intermediate (WTI) oil futures due for expiry in May fell to below $0 per barrel for the first time in history yesterday—reaching a record low of -$40.32 per barrel. The situation has now improved somewhat, and the May 2020 WTI Crude Oil Futures contract is now trading at -$6.25 on CME Globex—up 33% compared to this time yesterday.
As oil production now massively outstrips demand as a result of the current coronavirus pandemic, producers are now paying consumers to take oil off their hands due to insufficient storage facilities. This unprecedented event appears to have been interpreted as a sign of a serious market dump on the way, having a knock-on effect on other financial markets as a result.
