Crypto Market Update September 2020 - We all knew this was coming...

September 2020 – We all knew this was coming...

September 2020 has come to an end, and like each month the 100eyes team analyses what happened to Bitcoin and altcoins. As you read in our previous two monthly reports, July and August were fantastic for both Bitcoin and the altcoin market.

Unfortunately, it had to end in September… In September Bitcoin went down almost 8%, and altcoins went down -31.7% on average in dollar value. This is a quite severe correction. In total only 3.1% of altcoins gained in dollar value, 96.9% went down.

In the following chart you can see how September compared to the last twelve months of altcoin performance.

Showing the overall performance of the crypto and altcoin market over the past twelve months

The top 5 performers in September were $THETA (+48.93%), $BNB (+26.45%), $DREP (+23.94%), $XMR (+11.90%), and $TOMO (+8.67%). Biggest losers were $DUSK (-53.17%), $POA (-54.34%), $COTI (-55.08%), $OAX (-60.42%), and $TCT (-64.04%).

Hopefully we will still be calling this a retracement instead of a reversal by the end of next month!

Showing the top gainers and losers of altcoin expressed in their BTC value

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