Markets See Piecemeal Price Action, Some Stability After Yesterday's Plummet

Published on by Cointele | Published on

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Bitcoin has has seen little price action on the day, and is up 0.5 percent to trade at $6,318 as of press time.

On its weekly chart, its cliff-like performance yesterday has brought Bitcoin down to around 4.7 percent in the red, although it continues to practically break even on the month, at around 0.3 percent in the negative.

Ethereum is down around 1 percent on the day to trade at $197 at press time.

Yesterday's losses brought Ethereum as low as around $194. On the week, Ethereum is now almost 13 percent in the red; monthly growth remains around 8 percent.

Buoyed by its outstanding price performance in September, Ripple's monthly gains remain at 60 percent.

Litecoin has made the strongest recovery, although it has seen a relatively mild 2 percent gain to trade $53.32.

Stellar is up around 1.6 percent and is trading at $0.216.

Anonymity-oriented altcoin Monero is down a further 1.8 percent on the day and is trading at $102.79; EOS has also shed around 1.46 percent in value at $5.21.

In the context of the top twenty coins, the picture is mostly red: Tezos is down the most, losing 3.5 percent to trade at $1.21, and Ethereum Classic is down a round 3 percent at $9.51.

Tron has grown 2.2 percent to trade at $0.227 and is the only other top twenty crypto to see green.

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