The crypto markets are experiencing a slight period of calm after an erratic start to the year.
Monday, Feb. 12: the crypto markets are staying relative static after having experienced an uneventful weekend, with the total market cap lingering in the low $400 bln range, never going that far below $380 bln.
Bitcoin’s (BTC) price has also stayed comparatively consistent as opposed to the more erratic swings earlier this year. BTC is currently trading at around $8644.13 and up 2.68 percent over a 24-hour period by press time.
Ethereum’s (ETH) price is slowly inching up after dropping slightly below $800 yesterday, Feb. 11. ETH is up about 1.69 percent over a 24-hour period and trading around $852.69 by press time.
Altcoin U.CASH, which had seen an almost 1000 percent price change over a 24-hour period yesterday, has almost broken into the top 20 coins listed on CoinMarketCap. U.CASH, which is a retail currency converter for crypto to fiat transactions, is now listed as number 21, up a little more than 300 percent over a 24-hour period and trading for around $.20 by press time.
Of the top ten coins listed on CoinMarketCap, only three are in the red. Bitcoin Cash, Cardano, and EOS are slightly down about 0.5 percent, 2 percent, and 1 percent respectively over a 24-hour period by press time. Bitcoin Cash is trading at around $1263.94, Cardano at $0.36, and EOS at $8.72 by press time.
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Author: Molly Jane Zuckerman