RATE Group | Cryptocurrency Market Update: Bithumb Listing Boosts Bitcoin Diamond
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Cryptocurrency Market Update: Bithumb Listing Boosts Bitcoin Diamond

24 Oct Cryptocurrency Market Update: Bithumb Listing Boosts Bitcoin Diamond

Posted at 08:12h in Bitcoin News by

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Little movement in the markets; Bitcoin Diamond gets a boost, Ravencoin is dumping.

As the week rolls on the movement remains minimal on crypto markets. There have been a few spurts here and there on a couple of the altcoins but in general the market is still flat and hovering around $210 billion where it has been for over a week.

Bitcoin is immobile, stuck just below $6,500 where it has been since the weekend. The continued consolidation of BTC markets is showing clear levels of support and resistance. A breakout could come at any time and most recent news for the industry has been positive. Ethereum is also at a very low point and will follow Bitcoin upwards when the market recovers. On the day, however, ETH is static at $205.

The altcoins are pretty mixed again today with about half and half in the green and red. XRP is the top ten’s top performer with a 2.6% gain on the day to take it back to $0.463. Monero has followed with 1.8% added but the rest are in the fractions of a…

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