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Altcoins Take a Step Back
#1
Following the recent collective rally of alternative cryptocurrencies, the markets seem to be going through a correction stage. Ethereum, following a surge from $40 to $51 during the last 24h, has taken a huge hit at 7 AM back to the $39 mark. Monero seems to be on the same ship, dropping from $25 to $20 in just one hour. Despite this, both are still in the green when it comes to the BTC market, as Bitcoin has dropped around 10% in the past 24h. Volumes are high for both currencies with Ethereum taking the lead with 227.25K bitcoin exchanged in the last 24h and Monero with 26k.
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