Daily crypto: Calm markets – lowest volatility since April 2017

Daily crypto: Calm markets – lowest volatility since April 2017.

Image source: Shutterstock / Trijo News

Tim Haldorsson

tim.haldorsson@trijo.co

At the time of writing, bitcoin is trading at around $6,470. The total market cap for all cryptocurrencies has been steady at $209 billion over the last 24 hours.

The crypto markets show small movements during the last day. Currently, about 50 of the 100 biggest cryptocurrencies show red numbers, other half green numbers, over the last 24 hours.

The total market cap for all cryptocurrencies has been relatively stagnant at around $209 billion during the last day.

Lowest volatility since April 2017

When we look at the biggest cryptocurrencies, there are mixed numbers. Ethereum (+0,05%), xrp (+0,23%) and bitcoin cash (+0,08%) have risen in value over the last 24 hours, while bitcoin (-0,12%) and eos (-0,28%) have lost in value.

The biggest cryptocurrency bitcoin has been trading within a $100 price range over the last ten days, which is the lowest volatility bitcoin has had since April 2017, Coindesk writes.

Bitcoin (-0,12%) is currently trading at around $6,470.

The cryptocurrencies on top 100 that performed the best were nxt (+14,04%) and polymath (+9,51%), and the ones that performed the worst were veritaseum (-7,67%) and eternal token (-3,83%).

Assets: Price: % (24h)*
Bitcoin $6 470,08 -0,12%
Ethereum $204,37 +0,05%
Xrp $0,45837 +0,23%
Bitcoin cash $438,86 +0,08%
Eos $5,38 -0,28%

*All numbers in this article are from Coinmarketcap.com.

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