CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
  • Market Updates
  • BTC Analysis
  • ETH Analysis
  • XRP Analysis
  • Interviews
CryptoPotato
CryptoPotato
  • Crypto News
  • Margin Trading
  • Guides
    • Bitcoin & Crypto Guides 101
    • Bitcoin For Beginners
    • Editorials
  • DeFi & NFT
  • Buy
  • Language
    • Spanish
    • Turkish
    • German
    • Bulgarian
  • Crypto News
  • Bitcoin For Beginners
  • Cryptocurrency Guides 101
  • Editorials
  • Bitcoin & Crypto Margin Trading
  • DeFi & NFT News
  • Bitcoin Price Analysis
  • Ethereum (ETH) Price Analysis
  • Ripple (XRP) Price Analysis
  • Market Updates
  • Interviews
  • Buy Bitcoin with Card
  • CryptoPotato Spanish
  • CryptoPotato Turkey
  • CryptoPotato Germany
  • CryptoPotato Bulgaria
Home » Crypto News » Top 20 Cryptocurrencies In Red As Bitcoin Falls Below $8,000: Thursday Market Watch

Top 20 Cryptocurrencies In Red As Bitcoin Falls Below $8,000: Thursday Market Watch

Author: Jordan Lyanchev

Last Updated Nov 21, 2019 @ 09:57
Getting your audio player ready...

It’s safe to say that the cryptocurrency market has seen better days. In just a few days, it lost around $20 billion of its total capitalization and it currently stands at $218 billion – a decrease of more than 8%.

All of the top 20 cryptocurrencies are trading in the red with absolutely no exception. Regardless of whether it’s against the USD or against Bitcoin, altcoins are bleeding. TRON (TRX) has lost the most over the past 24 hours as it’s down by 6.63%, followed by Binance Coin (BNB) with 6.52% and Cardano with 6.06%. On the contrary, Tezos is the best-performing altcoin amid the recent declines as it’s down by only 0.02% on the day.

XTZ’s performance in November has been nothing short of impressive, as the cryptocurrency is up more than 33% since the beginning of the month. The spike came as Coinbase, the largest US-based cryptocurrency exchange, announced that users will be able to stake XTZ and receive rewards for it.

This latest retrace comes as Bitcoin broke below the support at $8,000 which has been holding it for the past 3 days and it currently hovers around $7,900.

BTCUSD Price Chart TradingView-min
BTC/USD. Source: TradingView

As CryptoPotato reported, the next important support lies in the area between $7,700 and $7,800 and if it fails this could open up the way for a further drop to $7,400. Interestingly enough, Bitcoin’s dominance has increased amid the most recent declines and it currently stands at 66.2%, meaning that altcoins weren’t able to capitalize on the drop.

Alicia Bakery
CMO - A really good agency

Did you like this market update?
This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

Invalid email address
Your privacy is guranteed.
Thanks for subscribing, you will get your first report in the next hours!

Total Market Capitalization: $218 Billion | Bitcoin Market Capitalization: $144 Billion | Bitcoin Dominance: 66.2%

Major Crypto Headlines

Won’t Happen With Bitcoin: Bank Of America Shuts Down Ex-PayPal CFO’s Bank Account. One of the largest US-based banks, Bank of America, recently shut down the account of PayPal’s former CFO. The bank sent him a 30-day notice without providing any explanation, despite the fact that he had been a customer for over 20 years. The crypto community reacted quickly by pointing out that this could not happen with Bitcoin.

HODLer: PayPal CEO Dan Schulman Admits That He Owns Bitcoin. PayPal’s CEO openly admitted that he owns only one cryptocurrency – Bitcoin. He also spoke about the company’s goals and its recent departure from Facebook’s future blockchain project – Libra.

CFTC Chairman Bullish on Bitcoin and Blockchain. While some regulatory agencies around the globe are having difficulties with grappling and understanding Bitcoin and blockchain, CFTC might actually be supporting them. The Chairman of the Commodity Futures Trading Commission, Heath Tarbert, recently said that his agency wants to regulate cryptocurrencies in regards to illicit activities but wants them to continue innovating.

Significant Daily Gainers and Losers

EDC Blockchain (26.36%)

EDC just broke into the top 100 cryptocurrencies by market capitalization with notable surges of over 26% against the dollar and 28% against BTC. This increase means that EDC is now trading at $0.015 and 189 SAT. The company recently announced that the official representative office will open in Ankara, Turkey. Additionally, they will be hosting a Blockchain Educational Seminar in Venezuela.

DigiByte (11.61%)

In a predominant bearish market, DGB is among the biggest gainers in the top 50 cryptocurrencies over the last 24 hours. The price increases with 11.61% against the dollar and is trading now at $0.0075. Its value against Bitcoin is surging with over 13% and is now at 94 SAT. This might be as a result of the recently announced DGB listing on DigiFinex.

Komodo (-12.66%)

With so much red in the market today, the most significant loser at the moment appears to be Komodo. KMD has lost around 12% of its value against both USD and BTC – it’s currently at $0.76 and 9524 SAT. Oddly enough, this decrease comes after news from the company showing further developments and listings on their platform – AtomicDEX.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!


Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.
Tags: Altcoins Bitcoin Bitcoin (BTC) Price
Enjoy reading? Share with your friends
Facebook Twitter LinkedIn Telegram

About The Author

Jordan Lyanchev
More posts by this author

Jordan got into crypto in 2016 by trading and investing. He began writing about blockchain technology in 2017 and now serves as CryptoPotato's Assistant Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things blockchain. Contact Jordan: LinkedIn

Join Our Community

FacebookX YouTubeTelegram


Editorials
How to Farm Airdrops on Hyperliquid (HYPE): The Complete Guide to Free Money This Crypto Cycle

How to Farm Airdrops on Hyperliquid (HYPE): The Complete Guide to Free Money This Crypto Cycle

How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

How to Trade on Hyperliquid: The Ultimate Guide (Step-by-Step Walkthrough)

12 Best Meme Coins to Watch in July 2025

12 Best Meme Coins to Watch in July 2025

7 Best Meme Coin Presales to Watch in July 2025

7 Best Meme Coin Presales to Watch in July 2025

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Toobit Review 2025: Is Toobit a Safe Crypto Exchange?

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

Hyperliquid Bridge: How to Bridge USDC to Hyperliquid

11 Best Crypto Presales to Consider in July 2025

11 Best Crypto Presales to Consider in July 2025

Footer Logo
About
Advertise on CryptoPotato
About Us | Contact Us | Careers
Editorial Policy
Terms of service | Privacy Policy | GDPR
More Sections
IEO List | Evaluations
Airdrops
Scholarship
Disclaimer
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. Full disclaimer
© Copyright CryptoPotato 2016 - 2025
Scroll to top