Cryptocurrency Market Update: Dogecoin Making a Comeback

Another weekend of inactivity in crypto land; Dogecoin and Electroneum moving, Revain diving.

More of the same is about the only thing that can be said about crypto markets as we enter the weekend. Another week with virtually no movement means that total market capitalization is still around $210 billion where is has been for the past fortnight.

Bitcoin remains in a consolidating channel just below $6,500. It has not moved out of this range since the October 15 spike to $6,700 which saw a rapid bounce off strong resistance. The crypto sphere is still waiting for something to happen in the Bitcoin camp. Until then everything remains flat including Ethereum which is still stuck at around $205.

The altcoins are mixed today about half and half and as has been the case all week, gains or losses are marginal for most of them. Nothing has moved more than a percent in either direction over the past 24 hours in the top ten.

A little more movement has come further down the chart in the top twenty…