The cryptocurrency market has been relatively stable for the weekend, and about a half of the top cryptocurrencies by market cap have seen greens lately. This mixed price action is in the recent crypto news, where Bitcoin is still stable at the $6,300 mark after falling down from about $6,700 a few days ago.
Bitcoin and Ethereum saw changes in its value of under 1% lately. Right now, Bitcoin is trading at $6,314 and Ethereum is stable at $200. The rest of the altcoins including Ripple, Bitcoin Cash, EOS, Stellar and Litecoin have all seen red in minimum 1% plummets.
Ripple, however, has dropped by around 2% yesterday and is now trading at $0.41. With this, the third largest cryptocurrency by market cap is still about 50% over the past 30 days, due to its impressive price surge on September 20th.
The total market capitalization right now is hovering around the $202 billion marks to press time. Currently, it amounts to $202.5 billion, seeing an improvement from yesterday. The daily trade volume of the entire market has dropped below $10 billion for the first time since August 26th, when Bitcoin was trading close to $7,000 and Ethereum was above $270.
Many analysts are tweeting polls and looking for answers right now, and the speeches where crypto is “debunked” continue.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]