In brief

Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
$105,090.00
3.88%$2,404.47
7.47%$2.15
6.43%$640.20
3.33%$143.58
8.22%$0.999901
0.01%$0.272703
2.81%$0.163124
6.97%$2,403.42
7.54%$0.581114
6.47%$105,036.00
3.82%$37.00
4.65%$2,904.09
7.65%$2.78
12.19%$457.76
2.45%$12.95
10.70%$9.14
0.78%$0.245251
6.67%$18.10
9.32%$0.999858
0.01%$2.89
5.75%$47.92
-0.54%$0.00001161
8.69%$84.64
5.95%$0.151656
11.97%$2,405.05
7.48%$1.00
-0.24%$2,576.92
7.59%$307.79
1.44%$1.001
0.03%$3.41
7.26%$4.23
3.78%$105,166.00
3.91%$0.00000992
12.07%$6.78
7.96%$0.530662
5.58%$259.98
12.63%$1.18
0.07%$353.03
15.61%$52.03
-2.77%$1.00
0.00%$4.33
10.21%$0.085988
6.37%$1.056
0.02%$2.14
12.21%$4.90
6.59%$173.85
8.23%$16.41
7.86%$0.75447
11.76%$27.75
1.88%$0.999778
-0.24%$0.607879
3.65%$16.41
2.86%$0.072979
12.74%$4.44
0.06%$9.21
6.45%$0.02138566
10.13%$4.01
7.62%$0.690679
17.77%$0.083248
13.06%$104,932.00
3.76%$3.18
13.84%$0.269364
11.87%$0.180475
4.53%$0.933751
13.40%$0.177961
10.82%$2.25
7.46%$0.305915
11.58%$0.271202
35.27%$1.002
0.42%$4.36
4.26%$1.00
0.01%$2,404.70
7.23%$98.00
7.10%$1.001
0.11%$11.01
2.45%$151.79
8.05%$0.204463
6.69%$1.20
7.24%$0.404289
16.59%$0.01707614
6.23%$1.24
21.02%$2,738.96
7.51%$2,519.67
7.55%$1.66
19.88%$11.12
13.01%$0.000014
14.05%$1.58
13.25%$1.021
10.40%$0.3207
16.17%$1.001
0.05%$0.999793
-0.10%$0.639597
14.38%$0.548597
11.71%$0.058955
5.71%$0.999951
0.03%$2,562.51
6.92%$105,073.00
3.84%$3.06
1.20%$2,524.68
7.54%$1.11
0.01%$3,385.17
-0.12%$640.09
3.16%$104,987.00
3.94%$0.837144
20.82%$3,363.19
-0.27%$0.519799
9.47%$105,857.00
3.38%$2,535.37
7.86%$0.081838
11.51%$0.577036
8.28%$0.417683
14.98%$160.41
8.18%$2.11
6.32%$111.54
0.02%$186.91
8.22%$2.19
8.69%$0.00007273
13.37%$0.829518
7.38%$2,599.68
7.56%$0.669455
11.39%$41.48
8.92%$0.999185
0.08%$0.01014812
0.59%$0.7104
7.95%$0.01302236
17.14%$1.084
-0.48%$0.01390583
10.74%$0.255529
9.91%$0.162296
10.45%$18.78
9.66%$0.00981592
15.15%$0.234262
9.92%$30.66
5.07%$0.9979
0.02%$1.99
6.78%$104,783.00
4.04%$0.0000006
6.45%$3.61
9.84%$0.426681
11.10%$0.533115
7.85%$0.096016
11.99%$104,820.00
3.76%$2.04
11.75%$37.00
4.93%$2,404.71
7.51%$0.492229
12.37%$2,406.03
7.48%$0.331144
8.72%$0.523095
5.94%$105,004.00
3.82%$0.999833
-0.01%$2,562.46
6.95%$2,521.71
7.49%$0.2617
10.25%$0.999558
0.06%$0.618436
9.44%$1.37
9.97%$0.01406746
5.33%$2,405.91
7.50%$0.426176
4.26%$7.85
0.74%$47.50
6.75%$0.061152
0.50%$2.36
7.92%$0.999902
0.02%$0.429661
14.26%$36.98
4.93%$0.999863
0.01%$0.163341
36.64%$0.04273721
19.01%$1.36
16.83%$0.163125
6.90%$1.091
0.05%$0.993309
-0.38%$0.0000004
1.95%$0.00680101
20.77%$1.001
0.04%$5.57
10.42%$0.00426931
26.03%$1.00
0.02%$13.58
11.00%$0.324616
18.99%$2,408.15
7.75%$0.113856
10.20%$0.518715
9.20%$0.00001873
7.47%$2,555.76
7.60%$2.26
10.17%$0.978053
15.13%$0.48792
11.32%$0.00000091
25.19%$0.00409393
18.02%$1.14
12.90%$0.354291
5.02%$0.06891
8.41%$0.03470747
2.76%$0.343299
5.22%$0.164504
-2.50%$5.21
5.44%$0.136299
14.12%$0.00340795
25.06%$0.0351459
8.73%$1.40
9.96%$1.17
4.99%$2,652.11
7.50%$104,892.00
3.97%$105,135.00
4.21%$19.77
1.82%$0.01669745
3.10%$2,630.34
7.41%$1.00
0.02%$0.999478
0.02%$1.001
-0.08%$156.42
8.46%$2,403.39
7.44%$0.03093368
-0.14%$0.00005556
5.65%$1.11
13.47%$0.999936
0.04%$10.04
3.46%$0.709002
5.64%$0.30067
15.79%$0.445776
7.27%$0.726144
22.59%$2,401.17
7.29%$109.28
7.79%$0.0033876
7.37%$0.061058
12.08%$104,774.00
3.87%$0.00000138
4.67%$18.13
9.34%$1.001
0.37%$0.00517695
15.01%$1.67
-0.98%$0.598715
16.64%$0.59418
7.45%$103,185.00
4.24%$1.017
0.13%$2,109.98
3.88%$0.180553
4.56%$6.10
11.00%$102,031.00
3.32%$0.181751
8.39%$0.00363334
15.54%$0.999428
0.02%$14.68
8.05%$0.410655
12.44%An array of niche cryptocurrencies have collapsed in price following the news that Ripple is embroiled in a regulatory battle with the SEC over XRP.
Cryptocurrencies other than Bitcoin are typically referred to as "alt coins," and many of these assets are susceptible to being pulled up or down by major market movements. XRP's price got cut in half following the SEC's announcement of action against Ripple, and many other alt coins are feeling the burn, too.
Take HEDG, the coin that powers Hedge Trade, a place for traders and investors to share their knowledge. Per CoinMarketCap, the HEDG coin is down by over 30% during the last seven days, and fell by 6.36% today. Its market cap is $143 million.
Or ABBC Coin, which trades on small-time exchanges like BitZ, CoinTiger, ZBG and DigiFinex. Despite a near 3% uptick during the last 24 hours, the alt coin's value has dropped by almost 15% during the last week.
Another striking example is Nano, an altcoin that made headlines in the UK earlier this year as a cryptocurrency you could earn while gaming at a bar in the North East of England. During the last week, Nano's price has dropped approximately 11%.
While the general altcoin outlook is pretty bleak, some are rising up against the grain.
For example, SwissBork's CHSB token increased by about 1% in the past day and 57% in the last week. Swissbord, based in Lausanne, Switzerland, aims to decentralize wealth management. And in this crazy market, it kinda has.
It will be interesting to see how the altcoin industry reacts to any further updates from the SEC.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.