Cryptocurrency market celebrates Bitcoin’s 10th anniversary in a range

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  • All major coins are in green, staying within the ranges.
  • DASH is the worst performer of the day so far.

Cryptocurrency market stays within consolidation pattern after a volatile start of the week. Most major coins recovered slightly, but failed to break free from their respective short-term ranges. Total market capitalization has settled at $203B.

One Bitcoin is going for  $6,297, marginally higher from this time on Wednesday. The world’s largest and oldest cryptocurrency celebrated its 10th anniversary with quiet consolidation and no fireworks.

Ethereum is changing hands at $197, amid low volatility. The second largest coin is recovering from an oversold territory, but the upside momentum is too weak to take it above critical $200 any time soon. 

Ripple’s XRP gained 0.70% in recent 24 hours to trade at $0.4500 by press time. The third largest coin by market value touched $0.4593 on Wednesday, but the gains proved to be unsustainable. 

TOP-20 leaders and outsiders of the recent 24 hours

  • IOTA is best performer of top-20 cryptocurrencies with 2.27% gains.
  • DASH is down 2.6%, which makes the coin a loser of the day.

What’s going in the crypto universe

India contemplates a ban fro private use of cryptocurrencies

South Korea’s regulator allows banks dealing with crypto industry

Coinbase initiates a new fundraising round to attract $300M of investments

 

 

 

Get the 5 most predictable currency pairs

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