The Crypto Market Storm Has Calmed, Now To The Moon?

The Crypto market has calmed down and even regained some ground after its epic sell-off for two days (Wednesday and Thursday). The total cap of digital assets is now $186 Billion against $184 it had on Thursday.

Bitcoin, the largest cryptocurrency, is changing hands at $5,560, unchanged everyday since the start of Friday. However, the market share of Bitcoin is about 1% lower as most altcoins show positive momentum.

Third largest cryptocurrency, Ethereum with a market value $18.5 Billion, now trades at $180.80, this also has not changed since Thursday. Ethereum has recovered from the Asian low at $178 and now moves within a short-term bullish trend.

In the top ten crypto ratings, Ripple’s XRP displaced Ethereum from 2nd spot. Ripple’s XRP has a market cap of $19.2 Billion and now changing hands at $0.4788, gaining 4.45% in the last 24 hours.

The best-performing coin among the top ten is Stellar (XLM) having over 7% gains in the last 24 hours. It occupies the 5th spot and has a market value of $4.6 billion and trades at $0.237573 at the time of writing.

 

Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.