Bitcoin has taken a step back since our last update. Prices fell $2 dollars on Tuesday and a further $5 dollars in the early hours of today’s trading session. We have since pared some of the losses and BTC/USD is currently quoted at $232 per coin. Meanwhile the recent downmove caused altcoins to fall as well. Peercoin is now back to trading at $0.21 while Namecoin is hovering just above 30 cents. Litecoin seems to be holding its own, losing only 0.7 percent since Tuesday. But even LTC should go down if bitcoin breaks some of its important support levels. For more on this, take a look at our previous article HERE.
Peercoin Back to 21 Cents
Alternative cryptocurrency Peercoin is back to trading at 21 cents, $0.218 to be exact. The crypto has declined by 5.2 percent since Tuesday but despite the losses, no major levels have been broken yet, as can be seen on the chart below.
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