After a big sell-off in the previous week, calm returned to cryptocurrency markets last week. Bitcoin, ETH, and XLM were almost unchanged for the week, while XRP and LTC registered some gains–see Table 1.
Table 1
Seven-Day Price Change For Major Cryptocurrencies
Cryptocurrency | %7d |
BTC | -.92% |
ETH | 0.89 |
XRP | 4.64 |
LTC | 2.07 |
XLM | -0.01 |
Source: Coinmarketcap.com 10/5/19 at 7:35 pm
The calm spread across the entire market, with 52 out of the top 100 cryptocurrencies advancing and 48 declining—see Table 2.
Table 2
Number of Cryptocurrencies that Advanced/Declined in the Top 100 Ranks Today In: Money
Cryptocurrencies Advance/Decline | Number |
Advance | 52 |
Decile | 48 |
Source: Coinmarketcap.com 10/5/19 at 7.30 pm
Read more at: https://cointelegraph.com/news/bitcoin-dips-under-8-000-as-altcoins-see-mixed-movements