Crypto Market Bulls And Bears Seem To Be Sleeping On Weekend

Considering the weekdays and weekend, still, crypto markets and prices remain inactive. It might have seen a slight pullback regarding crypto assets; however, total market cap still hovers above $120 billion.


During the last 24 hours, the top cryptocurrency- Bitcoin falls around $3,640 prior to recovering slightly. Currently, it shows zero movements about the day and is trading at $3,665. It seems that the condition remains the same as it was yesterday. Considering, the ratio in crypto market from last Saturday, Bitcoin gets dump over $3,550 prior to recovering to reach the same level again.


On the other hand, Ethereum is not a big deal as it seems to drop back slowly. Currently, it shows above $120, however, this is for ETH to lose severe percent on the day. Moreover, the gap within Ethereum and Ripple XRP is widening over $700 million, meanwhile, the Ripple token is going flat.

Today, the cryptocurrencies in top ten remain all red operating with the Asian trading session in Crypto market . however, losses seem fractions of a percent. Most trending coin Tron is also dropping the most with around 4% on the day. Despite it saw a huge success of its first day of niTROn summit held in San Francisco. The rest of the coins are seen declining less than a percent on the day.

top 20 crypto

There are only four cryptocurrencies showing green signal in the top 20 ranking according to CoinMarketCap at the time of writing. They are Iota, NEO, Ethereum Classic and making showing a little progress today. However, Maker improves only by a percent or two. Also, the rest are seen all in red by a fraction making slight movement as compared to the levels yesterday.

On the other hand, TenX ranks the FOMO chart considering the top one hundred at the time with a surge over 50%. This is the result of the reissuance regarding its PAY power credit cards shared in Singapore gaining momentum. Moreover, South Koreans are looking to access this token as Bithumb platform is now achieving relatively half of its daily volume in KRW at the time.

At the time of writing, Loopring and Electroneum remain to lift up around 20%. Also, the only remaining altcoin that dumps doubles within the top one hundred- WAX showing around 12% slide.

Talking about the total Crypto Market capitalization value, it has not retrieved much within 24 hours and still appears at $122 billion. You can say the bears and bulls are resting on Saturday. Moreover, this complete week remains flat apart from a dump seen on Monday along with subsequent recovery.

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Disclaimer : The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of Coinpedia. Every investment and trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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