Crypto market daily report - September 4, 2018
September 04 2018 - 6:17AM
ADVFN Crypto NewsWire
The cryptocurrency markets remained
relatively static on Tuesday morning at press time as most of the
top coins remained where they were as far as price was concerned.
BTC seemed to stabilize at the $7,250-$7,300 level after having
traded in that range for almost 24 hours, although there were also
moments when it exceeded the $7,300 mark.
Bitcoin Cash was also relatively
stable trading between the $620 and $640 mark—it practically
remained in the same price levels all day with only minor movements
up or down. Ripple was also staid and traded
in an extremely tight range of between $0.33 and $0.34 with
practically no movement either way. Ethereum had a disappointing
day, appearing stuck between the $280 and $290 level with
practically no movement at all.
Currencies with large market caps in the Top 10 were also pretty
slow on movement. EOS was practically stable at the $6.50 level,
whilst Litecoin showed positive movement in an exception to the
rule rising by 3% to the $67 level. NEO was also a positive
performer and rose by no less than 6% to touch the $23 level—a
considerable rise after having been mired in sub $20 territory for
several weeks. Stellar remained stuck at $0.22—this currency has
seen extremely little movement over the past month, whilst Ethereum
Classic lost some of the gains it made on Monday to settle at just
below the $14 level. Cardano was also disappointing although it was
in positive territory at the $0.105 level—a negligible 1%
increase.
Smaller market cap currencies had a mixed performance overall.
VET was up by an impressive 10% to the $0.019 level, whilst ICX was
up by a more modest 3% to the $0.93 mark. IOTA remained stuck at
the $0.70 level with no movement, whilst ONT experienced a similar
3% increase to the $2.45 mark. Dash experienced a 3% decline to the
$211 level, although there seems to be support at that price
range.
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