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Ethereum, Bitcoin Prices Slide as Market Sheds $10 Billion

Ethereum, Bitcoin Prices Slide as Market Sheds $10 Billion

Ethereum, Bitcoin Prices Slide as Market Sheds $10 Billion

The crypto markets took a steep downward turn on Friday, with more than 90 of the top 100 cryptocurrencies posting single-day price declines. The bitcoin price dropped nearly $400 after challenging the $4,000 level earlier in the week, while the ethereum price slipped below $260.

Chart from CoinMarketCap

The total cryptocurrency market cap–the combined value of all cryptocurrencies–dropped more than $10 billion for the day. After beginning the day at about $133 billion, the crypto market cap quickly dropped below the $130 billion threshold, where it languished leading into Friday morning. At present, the total crypto market cap is about $122 billion.

Chart from CoinMarketCap

Bitcoin Price Dips Toward $3,500

Bitcoin was at the head of the retreat, dipping nearly $400 from its Thursday morning mark of $3,900. Market manipulation or not, the bitcoin price has tapered quite a bit since its early-week recovery. In the past day alone, it has dipped 6%, despite the fact that a prominent industry figure said a trusted source had told him that China will not extend its bitcoin crackdown to mining. At present, the bitcoin price is trading at a global average of $3,564, which translates into a $59.1 billion market cap.

Bitcoin Price Chart from CoinMarketCap

Meanwhile, JP Morgan CEO Jamie Dimon has taken another potshot at bitcoin, claiming that it’s “worth nothing” just a week after calling it a fraud.

Ethereum Price Dips Another 6%

The ethereum price mirrored bitcoin’s decline, dipping 6% for the day. After entering the day above $270, the ethereum price struggled to hold above that mark. Ultimately, it dove through the $260 level, too, bringing it to a current price of $257. Ethereum now has a market cap of $24.4 billion.

Ethereum Price Chart from CoinMarketCap

Bitcoin Cash Posts Double-Digit Decline

The bitcoin cash price careened downward on Friday, posting the worst single-day performance of any top 15 coin. Within the past 24 hours, the bitcoin cash price has fallen by more than $50–a 10% drop. At present, bitcoin cash is trading at $407 and has a market cap of just $6.8 billion.

Bitcoin Cash Price Chart from CoinMarketCap

Altcoins Trend Down

The altcoin markets joined in the retreat, with nearly every top 100 cryptocurrency declining for the day. Fourth-ranked Ripple saw its price fall 5% to $0.17, while Dash slid 3% to $337.

Altcoin Price Chart from CoinMarketCap

The litecoin price fell 8% to just under $46. The 6th-ranked coin now sits at just 50% of the $92 record it set on September 2.

Litecoin Price Chart from CoinMarketCap

NEM–whose single-day trading volume is just $3 million–declined 6% to $0.204, while IOTA dropped 5% to $0.484. Monero, whose price approached $150 less than a month ago, is now trading at just $85 following Friday’s 7% skid. Ethereum classic rounds out the top 10 with an 8% decline that forced its market cap below $1 billion.
 

Author: Josiah Wilmoth on 22/09/2017

 

Postedby David Ogden Entrepreneur

Alan Zibluk Markethive Founding Member

From Hopeful Work At Home Mom to Entrepreneur

Article By Rita Taketa – I've been a successful Work At Home Mom for 18 years, beginning when there was little career work available at home besides telemarketing. After working for several different companies being in charge of multiple operations, I now have plans to expand my business-to-business professional services with virtual agents.

work at home mom business and entrepreneur

I've been steadily working from home for 18 amazing years. In the beginning, however, it was not a popular decision. The pay was poor and the quality of work was mainly telemarketing for the consumer-to-business market, or some other type of odd tasks that were not rewarding.

I started on this journey after I had my second child. I had been working for a marketing firm as a supervisor handling inbound and outbound calls for clients in the restaurant industry. I had a great deal of responsibility with data and order entry, managing our team, training, and being responsible for the entire company phone system, which was my first introduction to Telephony Software & B2B Marketing.

As much as I enjoyed my career, I had a nine-year-old son at home to care for as well. I always felt torn between being a mother and a working women. I had already been through the route of daycare and before-and-after-school care and all of the challenges that go along with being a working mom. I felt guilty when I was not with my child, and yet I needed to work to help provide for my family, just like the balancing act that we all face today now that most families need two incomes to stay afloat.

Research on the internet afforded me to learn more about working from home, but there wasn't much of a selection to choose from except telemarketing. I started working with a company that produced customer satisfaction surveys for a national tire company. It involved evening and weekend work, so I was able to work my day job but bring in a little extra money. As I worked on different projects for the company, gaining more experience and confidence, I was asked to do more projects in different markets. Eventually, I started doing surveys for a vast array of markets including insurance.

Networking, researching, and trying different work-at-home tasks allowed me to transition into a full-time career working from home as a business-to-business professional. I serve as an extension of a company's inside sales team as an appointment setter, lead generator, and customer service representative. I've worked as an independent contractor for many years, so I took my experience and branched out with my own company to accommodate the needs of businesses in supporting their sales and marketing efforts. My goal is to expand by hiring virtual agents to help with my growing client base.

I chose a rewarding career path that has allowed me to be home with my family (which was my ultimate goal), raise my children, do meaningful work, and make a good living right from the comfort of my home office. Work At Home Mom = a happy mom!

If you believe that my message is worth spreading, please use the share buttons if they are visible on this page.

Stephen Hodgkiss
Chief Engineer at MarketHive
markethive.com


Al Zibluk