How Did the Fab Five Finish?
In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were up 0.51%. Leading the way was Litecoin, whose price is now around $90.90 USD,...
How Did the Fab Five Finish?
In aggregate since yesterday, the “fab five” — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — were up 0.51%. Leading the way was Litecoin, whose price is now around $90.90 USD, which yielded holders a return of 1.35% from the day prior. As for the worst-performing crypto out of the Big Five, yesterday that was XRP; it came in at down 0.17%, which drove its price to around $0.311294 USD. Three of the coins had up days, which is a mixed sign for the crypto sector.
Price Patterns to Monitor
Yesterday was a fairly normal day for all of these cryptocurrencies, in the sense that they fluctuated within the normal daily range we have come to suspect them to move within. Also of note for technical traders are the following developments in price action:
- If coins without a clear trend are your thing, consider XRP, Litecoin, Bitcoin Cash, and Ethereum. Those have not been in any clear trend over the past 14 days, and thus might be of interest to rangebound traders.
Buy Ripple using your local currency
Insights from the Blockchains
The blockchain that saw the most transactions recorded on its blockchain over the past day was Ripple; its 1,144,928 transfers added was about 87% greater than the transactions recorded on Ethereum, which was the runner up for transactions logged on its chain over the past 24 hours. Ripple has a transaction fee less than the transaction fee of Ethereum, which may indicate that transaction fees might be a key reason why users are preferring Ripple. Bitcoin was the coin with the largest transaction across all blockchains yesterday; the largest transaction on its chain was valued at $24,135,520 US dollars. The circulating value of all Bitcoins now comes in at approximately $171.68 billion US dollars — which means Bitcoin accounts for about 64.24% of the entire cryptocurrency market. Note that Bitcoin’s dominance level has been in a downtrend, going between 64.12% to 66.32% over the past two weeks.
Article by SixJupiter
The post Cryptos continue to trade in tight range, with Bitcoin nearly flat for the day appeared first on Coin Insider.
source https://www.tokentalk.co/CoinInsider/cryptos-continue-to-trade-in-tight-range-with-bitcoin-nearly-flat-for-the-day-5d3ecfd17be5bcbd3bc161aa
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