Nov. 2: Cryptocurrency markets have continued trading slightly in the green today, remaining relatively quiet with moderate gains throughout the top 20 coins.
The leading cryptocurrency Bitcoin is up only 0.06 percent on the day, and is trading at around $6,395 as of press time.
BTC has seen slight volatility during the day, with the deepest and highest points of $6,327 and $6,396 respectively.
Ethereum is up by slightly almost 1 percent over the last 24 hours, trading around $200, and the altcoin's weekly chart showing its price decreasing by a relatively modest 0.41 percent.
The third largest cryptocurrency by market cap Ripple is up by 0.57 percent over the last 24 hours, and trading around $0.459 at press time.
Over the past seven days, XRP is down by 0.06 percent.
The altcoin is trading at around $462, while its daily trading volume is around $522 million, according to CoinMarketCap.
During the last week, total market cap has seen some notable fluctuations, with a sudden dive to $202 billion and surge to $209 billion on Oct. 29 and Nov. 1 respectively.
After jumping to as much as $209 billion yesterday, total market capitalization dropped to $205 billion, after which it saw moderate gains today.
The industry has been awaiting the decision of the U.S. Securities and Exchange Commission regarding the review of proposed rule changes related to a series of applications to list and trade various BTC Exchange-Traded Fund set for Nov. 5.Yesterday, the so-called "Godfather of ETFs" Reggie Browne said that Bitcoin ETFs will be certified "No time soon." He specified that Bitcoin ETFs will be approved only after the development of a strong regulatory framework for the industry.
Crypto Markets Keep Trading Sideways, With Slight Gains Among the Top 20 Coins
Published on Nov 2, 2018
by Cointele | Published on Coinage
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