Friday, Oct. 5: cryptocurrencies are seeing little volatility over the past 24 hours to press time, with the majority of losses and gains of top coins capped within a 1 percent range on the day, as data from Coin360 shows.
Ripple is the only outlier in the top ten coins, down a little over 3 percent on the day to trade at $0.52.
On its weekly chart, Bitcoin is just over one percent in the red.
Ethereum is down a marginal 0.15 percent on the day to trade at $222 at press time.
On the week, Ethereum is almost breaking even, up 0.6 percent; on the month, the altcoin is down around 2.8 percent.
The remaining top ten coins listed on CoinMarketCap are seeing red, almost all capped within a 1 percent range.
Bitcoin Cash is down 1.14 percent at $511.51, whereas EOS is down only 0.33 percent at $5.73.
Crypto exchange Binance's native token Binance Coin is the only exception, up a strong 3.14 percent to trade at $10.61 at press time.
After strong growth and volatile price action earlier this week, NEM is up just a fraction of a percent on the day: the asset is trading at $0.105 as of press time.
Ethereum Classic is down an above-average 1.19 percent, trading at $10.97 per coin at press time.
Bitcoin Hovers Near 6,600, While Most Top Coins See Little Price Volatility
Published on Oct 5, 2018
by Cointele | Published on Coinage
Coinage
Mentioned in this article
Recent News
View All
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.