RATE Group | Cryptocurrency Market Update: Siacoin Surging on ASIC Limiting Hard Fork
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Cryptocurrency Market Update: Siacoin Surging on ASIC Limiting Hard Fork

Cryptocurrency Market Update: Siacoin Surging on ASIC Limiting Hard Fork

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Markets creeping back up; XRP, Nem and Siacoin performing well.

Crypto markets have crept back up a little since yesterday’s dump. They are still stuck at the bottom though as any upward momentum is lost after a few days. Market capitalization is approaching $220 billion once again but gains are small.

Bitcoin, which has been labelled as ‘boring’ recently, is back up 1.6% on the day to $6,580. Talk of a long term breakout has been floating around but markets are yet to make a move. Ethereum is also sluggish with a small gain of 2.5% on the day to trade at $225.

Altcoins are mostly in the green during Asian trading today, making up the small losses from yesterday. Looking at the top ten XRP is out in front with a 4% climb to $0.541 on the day. The rest are making between 1 and 2 percent at the moment. Further down the list it is Nem leading the top twenty with a 6% rise to trade at $0.107. Likewise just one or two percent is being added to the other altcoins.

Today’s fomo…

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