According to Nikkei Asian Review, two Japanese exchanges, Mr.Exchange and Tokyo GateWay are ceasing operations. Both exchanges are withdrawing previously filed applications with Japan's Financial Services Agency (FSA) which they solicited approval to launch services. The Bitcoin price has dropped below the $7,600 mark for the first time since March 19th.
The Bitcoin has dropped below the $7,600 mark for the first time since March 19th. Earlier today, the price of bitcoin dropped to $7,550, after peaking at $8,100 less than 24 hours ago. Throughout the past 8 hours, sell volumes increased across all major cryptocurrency exchanges, and the market was probably affected by the spike in volumes in the US Bitcoin futures market operated by the CME Group and the Chicago Board Options Exchange (Cboe).
Ontology (-17% at $2.01) recorded the biggest loss in the last 24 hours. Litecoin ($119) and Bitcoin Cash ($759) posted losses of around 14%, while Ripple ($0.53) and Ethereum Classic ($15.25) showed losses of around 7.5%. Huobi Token ($1.58) posted a gain of 7.42% in the last 24 hours.
At the time of writing, the Bitcoin price is sitting at $7,506 representing a loss of 6.85% in the last 24 hours. More than $770 M worth of BTC were exchanged in the BTC/USD market representing a 20.8% share of the global daily volume. The biggest Bitcoin pair is the BTC/JPY pair, that represents a 56.4% share.
The Ethereum price posted a loss of 11.09% over the past 24 hours and is currently sitting at $409, with over $230M worth of Ether exchanged in the past 24 hours on the ETH/USD pair, the biggest Ethereum pair, which has a 32% market share of the daily trading volume.
At the time of writing, the EOS price is sitting at $5.84 representing a loss of 7.74% in the last 24 hours. More than $40 M worth of EOS were exchanged in the EOS/USD market representing a 13% share of global daily volume. The biggest EOS pair is the EOS/KRW pair, that represents a 40.6% share.
The Tronix price has risen 3.45% over the past 24 hours and is currently sitting at $0.047, with more than $3 M worth of TRX exchanged in the past 24 hours on the TRX/USD pair, which has a 1% market share of the global daily trading volume. The biggest Tronix pair is the TRX/BTC pair, that represents a 75.5% share.