RATE Group | Can The Slow Cryptocurrency Recovery be Sustained?
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Can The Slow Cryptocurrency Recovery be Sustained?

18 Aug Can The Slow Cryptocurrency Recovery be Sustained?

Posted at 11:17h in Cryptocurrency News by

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Markets slowly recovering this weekend; XRP, EOS, Neo and Tron climbing back, VeChain falling slightly.

The slow creep upwards has continued into the weekend as cryptocurrencies add more gains following their lowest levels of the year. Total market capitalization has crept up slightly and is currently holding above $215 billion, 14% up on Tuesday’s big dip.

Bitcoin has not moved much over the past 24 hours, it is still trading at $6,500. BTC did reach and break $6,600 a few hours ago but resistance was too strong and it fell back again. Ethereum is still inching up with small gains every day now, today it is 2.2% higher to $308, though the ascent has slowed and prices have retreated a little.

Altcoins are pretty much all in the green this morning. Leading the gains in the top ten at the moment is XRP with another 7.5% climb to $0.335. Ripple’s token was the best performing altcoin in the top ten yesterday also as partnership expansions and new developments boost momentum. EOS is…

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