RATE Group | Markets Update: A Narrowing Range of Consolidation and Lower Trade Volumes
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Markets Update: A Narrowing Range of Consolidation and Lower Trade Volumes

22 Oct Markets Update: A Narrowing Range of Consolidation and Lower Trade Volumes

Posted at 00:12h in Bitcoin News by

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Markets Update: A Narrowing Range of Consolidation and Lower Trade Volumes

Market Updates

Not a lot has changed since our last markets update four days ago as cryptocurrency markets continue moving sideways in a consolidated pattern. The top five digital assets have seen modest northbound gains this week, with increases between 1-5% over the last seven days. This Sunday, Oct. 21, the entire cryptocurrency economy of over 2,000 digital tokens is valued at $214.4 billion.

Also read: New Qart Wallet Gives Bitcoin Cash QR Codes a Personal Touch

Boring Market Action Often Leads to Something Unexpected

It’s been a lackluster week for cryptocurrency traders as not much has been happening, except for a few stablecoins having some interesting breakouts a few days ago. Since then most of the stablecoins, funnily enough, have seen less…

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