Key Facts of the Past 12 Hours - 20.11

News and crypto rates update from the past 12 hours to keep you informed and up to date with the latest events that shape up the cryptocurrency world.

Markets plummet as uncertainty over BCH continues, bitcoin is now nearing $4,500, far, very far from what some experts predicted the price would be by the end of the year.

At 07:30 (GMT) total cryptocurrency market capitalization stands at $152.06 billion.

Bitcoin Nearing $4,500 as Bearish Rally Continues

The price of the top cryptocurrency, bitcoin, dipped to $4,680 for the first time since October 2017. Unsurprisingly, bitcoin cash is down but by almost 44%.

Last week, the Rip­ple Token (XRP) mar­ket cap­i­tal­iza­tion ex­ceeded ethereum (ETH). But the crypto com­mu­nity’s opin­ion on XRP is di­vided.

KPMG say cryptocurrencies will only bloom if a number of conditions are met.

Bitmain Co-Founder Jihan Wu, has ap­proved CoinEx list­ing of BCHSV/BCH, BCHSV/BTC trad­ing pairs, call­ing it a “very good op­por­tu­nity”.

eToro se­nior mar­ket an­a­lyst has pub­lished data in which stated that clients are ac­tively using the cur­rent po­si­tion of the crypto mar­ket to buy BTC and XRP.

A for­mer en­ergy fu­tures trader lost ap­prox­i­mately $700,000 in cryp­to be­cause of chang­ing the terms of OKEx on $135 mil­lion of bit­coin cash (BCH) de­riv­a­tive con­tracts.

U.S. de­part­ment, of DHS has pub­lished a so­lic­i­ta­tion call for pro­pos­als for com­pa­nies that can im­prove gov­ern­ment processes using the blockchain.

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