RATE Group | Cryptocurrency Market Update: All Quiet During Sunday Trading
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Cryptocurrency Market Update: All Quiet During Sunday Trading

21 Oct Cryptocurrency Market Update: All Quiet During Sunday Trading

Posted at 07:27h in Cryptocurrency News by

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Markets are sleeping again this weekend; only Veritaseum and Ravencoin going anywhere.

Sunday has seen a small upward shift in crypto markets as predicted in yesterday’s market update. With a series of small higher lows over the past 24 hours market capitalization has crept back over $210 billion.

Bitcoin has climbed back over $6,500 again but is only up around half a percent on the day. There are no solid signals for movement in either direction as BTC looks to stay here for a while as it faces solid resistance at this level. Ethereum is a similar situation with a one percent gain to $207 during Asian trading today.

The altcoins are mostly green at the moment but as in previous days gains are very small. In the top ten Bitcoin Cash has made the most progress with a 2% rise to $450. The rest have made between zero and 1.5 percent on the day.

The top twenty is a very similar pattern with Zcash making the biggest gain of 3.4% to trade at $126. Some altcoins such as Dash and VeChain have…

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