Crypto Market Keeps Its Balance After Recent Sell-Off, Bitcoin Above $6,300

Crypto Market Keeps Its Balance After Recent Sell-Off, Bitcoin Above $6,300


Crypto markets keep their balance after the recent sell-off this week, with most of the 20 top coins by market cap slightly in the green. Fluctuations in the markets in both directions have for the most part been no more than 1 percent, as data from Coin360 shows.

Bitcoin (BTC) has seen slight growth over the past 24 hours, having strengthened to above the $6,300 threshold. At press time, the major cryptocurrency is trading at $6,331, slightly down from its intraday high around $6,360, while recovering from its intraday low around $6,277. On the week, Bitcoin is down almost 4 percent from around $6,580.

Ethereum (ETH) has also seen a slight rebound, up around half a percent over the past 24 hours to press time. The second cryptocurrency by market cap has been hovering just above the $200 price point in the second half of the day and is trading at $202 at press time. In terms of weekly dynamics, Ethereum is down about 11 percent to press time.

Total market capitalization of all cryptocurrencies is hovering around the $200 billion threshold, appearing to stabilize after the crypto markets’ recent decline. At press time, total market cap amounts to $202.8 billion, slightly down from $204 billion earlier today. See more...




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