Bitcoin, ETH, XRP, LTC, And XLM Stabilize, What’s Next?

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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.

Market visualization

Table 1

Seven-Day Price Change For Major Cryptocurrencies

Cryptocurrency%7d
BTC-.92%
ETH0.89
XRP4.64
LTC2.07
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/DeclineNumber
Advance52
Decile48

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

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