Cryptocurrency Market Update: Waiting For Momentum On Sunday

FOMO MomentsMarkets are sleepy this Sunday, Ethereum is holding regular, Bitcoin Cash, Litecoin and Monero dropping again.There has been a really minor pullback in crypto markets in the present day. In normal although issues have been fairly static over the weekend and whole capitalization has remained over $200 billion for one more day.Bitcoin has misplaced a fraction since yesterday and is at the moment buying and selling at $6,500. The vital stage continues to be the $6,600 resistance level for BTC although bullish momentum seems to have waned over the weekend. Ethereum has made one other p.c acquire to elevate it to $218 on the time of writing.Altcoins are a combined bag with extra pink than inexperienced on the boards this morning. In the highest ten Bitcoin Cash, Litecoin and Monero have suffered 2-Three p.c drops over the previous 24 hours, the remaining are flat with little or no motion over the previous day.The prime twenty exhibits an analogous image with most altcoins falling again a share or two. Following its huge pump yesterday, Tezos has fallen again four% on the day to $1.59. Only Dogecoin is again within the inexperienced with a 1.7% acquire on the day.The greater scene within the prime 100 reveals that Aurora is once more prime gainer with 11% on the day. Bitshares and Populous are additionally up 6-7 p.c over the previous 24 hours. At the messy finish of issues is Rchain dumping 11% adopted by Nano and Zcoin shedding 6-7 p.c on the day.Total crypto market capitalization has not accomplished a lot since yesterday. Following a dip to $199 billion they’ve recovered barely to commerce at slightly below $202 billion the place they had been this time on Saturday. Trade quantity has fallen marginally to only over $10 billion on the day. Over the previous week markets are up a little bit however the month-to-month view sees them down nearly four%. Bitcoin dominance continues to be robust and is at the moment 55.7% of the market.FOMO Moments is a piece that takes a every day have a look at the highest 25 altcoins in the course of the present buying and selling session and analyses the most effective performing ones, searching for traits and doable fundamentals.Original article first appeared in https://www.newsbtc.com/2018/09/16/cryptocurrency-market-update-waiting-for-momentum-on-sunday/

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