Bitcoin price & Altcoin analytics

The massive sell-off of digital currency, especially Bitcoin (BTC), grows day by day. It started after a heavy fall on Wednesday, November 14, and the trend seems to be growing stronger. However, on Wednesday, November 21, at press time, it seems there can be “light at the end of the tunnel”.

Bitcoin (BTC), the flagship crypto by volume fell to $4,480 on Tuesday, November 20, while Ripple (XRP), Ethereum (ETH) and Bitcoin Cash (BCH) also dropped to annual lows of $0.450, $132 and $206 respectively.

Some analysts from Bloomberg Intelligence (BI) anticipate that Bitcoin (BTC) will "fall further," as reported by Bloomberg. Various crypto sector pundits have already started calling this the cryptocurrency winter.

Over the past 48 hours, the Bitcoin (BTC) price has continued to dive lower and lower. On the morning of November 14, the price of BTC was over $6,300 but at press time, it stands at about $5,600 (-1.06%). It seems the center of Bitcoin can longer hold. Bitcoin Cash is also suffering at $415 with (-3.56%).

While the Technical Charts are showing a downward trajectory of Bitcoin (BTC), the flagship crypto, other digital currencies such as Ripple (XRP) are holding well to a noteworthy extent.

Bitcoin seems to be becoming relatively stable, with price fluctuation ranging from around $6,300 to $6,500 over the week.

The price of Bitcoin Cash increased by 10% on November 2, as bullish exchanges and other digital currency platforms have started proclaiming support for the hard fork scheduled to happen 12 days from now.

Litecoin (LTC) price has seen an increase over the past 24 hours after lagging behind a $50 level for 4 days.

Alternative Cryptos (Altcoins) have started to feel the digital currency winter as big names begin falling below the last year-on-year price levels.