RATE Group | Cryptocurrencies Moving in a Range
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Cryptocurrencies Moving in a Range

11 Mar Cryptocurrencies Moving in a Range

Posted at 09:45h in Cryptocurrency News by

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In the last 24 hours, cryptocurrencies were moving in a range. The bounce after the large drop was minimal for the Bitcoin and Ethereum, which show investors are still in the sidelines, as equity markets may continue sliding by the economic consequences of the coronavirus and the oil price war between Russia and Saudi Arabia.

Bitcoin(-1.07%) and Ethereum (-0.95%) show a slight drop, whereas minor coins such as Waves (+19%), Ark (+19.5%), EDC(+23.7%), and SBD(+91.4%) continue ascending.

The major Ethereum-based tokens show slight drops, or small gains, indicating they are in the same situation as the leading cryptocurrencies. There are exceptions, though, such as HEDG(-6.06%) moving bearishly, and BAT (+6.9%), KNC(+10.3$), REN(+15.47%) and SNX(+21%) moving nicely up.

Crypto Sector Heat Map

The market cap of the sector is mostly unchanged at $222.579 billion, while the traded volume in the last 24 hours shrunk to $43.45 billion (-34.22%). Meanwhile, Bitcoin dominance remains at…

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