Crypto Markets Keep Seeing Minor Fluctuations, Price Changes Mostly Around One Percent

Published at: Oct. 28, 2018

Sunday, Oct. 28: crypto markets have seen some minor fluctuations, with most of the top 20 coins by market cap seeing price changes within 1 percent over the past 24 hours, according to CoinMarketCap.

The total market capitalization has remained hovering below $210 billion over the day.

Market visualization from Coin360

Bitcoin (BTC) is slightly up 1.7 percent and trading at $6,483 at press time, according to CoinMarketCap. Following reports on Bitcoin hitting 18-month lows of volatility, the major cryptocurrency is seeing insignificant price fluctuations over the past 7 days, down around 0.6 percent over this period.

Bitcoin 30-day price chart. Source: CoinMarketCap Bitcoin Price Index

Ethereum (ETH), the second cryptocurrency by market cap, is up around 0.2 percent over the day and trading at around $204 as of press time. According to CoinMarketCap, the leading altcoin is down around 0.7 percent over the week.

Ethereum 30-day price chart. Source: CoinMarketCap Ethereum Price Index

Ripple (XRP) is up 0.2 percent over the past 24 hours and trading at $0.45 at press time. Over a 7 day period, the cryptocurrency has seen almost zero fluctuations, slightly down 0.1 percent.

Recently, Ripple announced that the company has seen its revenues doubled in Q3 over Q2 in 2018, with around $163 million worth of XRP sales in Q3, up from $73.53 million in Q2. On Friday, Oct. 26, Ripple revealed that the company has hired a former senior developer at Google’s new wireless messaging service as vice president of products.

Ripple 30-day price chart. Source: CoinMarketCap Ripple Price Index

At press time, total market cap amounts to $209 billion, while daily trading volume has remained below the $10 billion threshold.

Total market capitalization 30-day chart. Source: CoinMarketCap

While most of the top 20 coins by market cap have seen insignificant price changes, IOTA (MIOTA) has seen slightly bigger losses over the day. The altcoin is down around 1.6 percent over the past 24 hours, trading at $0.48 at press time.

ZCash (ZEC) and Dash (DASH) are up more than 1 percent over a 24 hour period, trading at around $123 and $156 respectively.

On Thursday, Oct. 25, major Hong Kong-based crypto exchange OKEx announced they will delist more than 50 trading pairs that had low liquidity and trading volumes.

Also on Thursday, a new commissioner from U.S. financial regulator the Commodity Futures Trading Commission (CFTC) urged that the fintech field – including crypto and blockchain – should be considered and handled with an “open mind.”

Tags
Bitcoin Price
Altcoin
Cryptocurrencies
Ether Price
Ripple
Iota
Dash
Zcash
Related Posts
Ripple, Monero, NEM See Solid Growth Amid Calm, Mostly Green Markets
Monday, Nov. 12: crypto markets are seeing a wave of stability, with most major assets seeing low-level fluctuations both red and green, with just a few exceptions, as data from Coin360 shows. Market visualization. Source: Coin360 Bitcoin (BTC) is up around 0.85 percent, trading around $6,354 at press time. After a period of protracted stability, the top coin saw a recent spate of downwards momentum and has been trading beneath $6,400 for the past several days. After an intra-week low of $6,307 yesterday, Nov. 11, Bitcoin has stemmed its losses and pushed back above the $6,350 mark. On the week, …
Bitcoin Price / Nov. 12, 2018
Crypto Assets See Losses Across the Board as BTC Falls Below $4,000
Monday, Dec. 3 — Crypto markets have today again taken a major downturn, with all of the major coins by market cap seeing significant losses of within a 4 and 10 percent range, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) has dropped below the $4,000 price point, down about 7 percent on the day to trade at $3,868 at press time. Despite rebounding to as high as $4,400 Nov. 29, the top coin has today seen a drop from a 24-hour high of around $4,135 to as low as $3,846 in recent hours. Having lost its …
Bitcoin Price / Dec. 3, 2018
Crypto Markets Shaky but Most Top Coins See Only Mild Losses
Thursday, Nov. 22: after a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptocurrencies seeing only mild losses capped beneath a 3 percent range. A scattering of top twenty coins are even tipping into green, as data from Coin360 shows. Market visualization by Coin360 Bitcoin (BTC) has today jaggedly veered between below $4,450 and $4,630; as of press time, the top coin is at $4,517, down 0.4 percent on its 24-hour chart. After a further sell-off brought Bitcoin to as low as $4,300 Nov. 20, the asset has traded over the past …
Bitcoin / Nov. 22, 2018
Tether Tanks as Traders ‘Lose Trust,’ Other Cryptos See Price Boost
Monday, Oct. 15: Crypto markets are seeing solid growth, with virtually all of the major cryptocurrencies seeing green as of press time. An outlier in the space is “stablecoin” Tether (USDT), which has today lost its U.S. dollar peg and is trading well below its historical trading range as of press time. Market visualization by Coin360 Tether is currently trading at around $0.96, down about 3.05 percent on the day, according to CoinMarketCap. Although reasons for the USDT price plunge are not confirmed, there have been reports of an alleged loss of market trust leading to a possible sell-off: yesterday, …
Bitcoin Price / Oct. 15, 2018
Market-Wide Losses Intensify in Second Day of Major Crypto Price Plummet
Thursday, September 6: crypto markets are blisteringly red, with virtually all of the top 100 coins posting hefty losses on the 24-hour charts, as Coin360 data shows. Market visualizat ion from Coin360 Bitcoin (BTC) is trading at around $6,492 at press time, down almost 6.32 percent on the day, according to Cointelegraph’s Bitcoin Price Index. Having broken through the $7,000 threshold August 31, Bitcoin saw a solid uptrend until its sudden plummet yesterday, September 5. The top coin is now around 8 percent down on its weekly chart. On the month, however, Bitcoin remains up by around the same figure …
Bitcoin Price / Sept. 6, 2018