The price of Monero (XMR) has fallen 2% today, as the privacy coin continues its decline from recent highs of $81. One XMR is now worth $56.21. Currently the coin is the worst performing in the market today, as many coins are in the red, but only slightly.
Despite last week’s impressive rally which saw the price of Stellar (XLM) climb from $0.0551 to $0.0616 in a single day, Stellar is likewise in the red. XLM has now fallen back to $0.059, after losing close to 2% in the last day. Following this recent move, Stellar now sits at just under half of its highest value in 2019, having fallen by 51.8% in the last six months. Its market cap is now just $1.19 billion—a 15% drop would see it lose its coveted position as the tenth largest cryptocurrency by market cap.
Craig Wright-backed Bitcoin SV (BSV) is also performing badly, down 1.80% today. It is not far off its original price, when it was forked from Bitcoin Cash (BCH), at $88 and is getting closer to its all-time low of $37.
At its current value of $84.07, Bitcoin SV is now just inches above its 3-month lowest value, and is roughly the same value as it was back in December 2018. Similarly, XRP has been performing terribly as of late and is one of the worst performers of 2019.
Clearly the market is still in shock after Bitcoin fell out of the sky last week, losing $1,000 in minutes. But how long does it have to recover?