Crypto Markets Continue To Struggle After Brief Weekend Rally

Investing, News | May 21, 2018 By:

The cryptocurrency markets kicked off the work week on a down note, but a brief weekend rally pulled the price up on several coins, notably bitcoin. As of mid-morning, bitcoin was trading around the $8,400 per single coin mark, up from last week’s close of $8,100, but down from the last 24 hours.

The rest of the market continued to slide more steeply. The top ten coins were all down from two to nearly five percent at mid-morning, as investor sentiment continued to pour cold water on any rally.

Bitcoin market highlights for the 24 hours ending May 21, 2018 at 1:00 pm U.S. Eastern Time

The highest price seen was $0 on the exchange at 12:00 am yesterday. saw $0 of bitcoin change hands.

The lowest price seen was $0 on ‘s exchange at 12:00 am yesterday. ‘s 24 hour volume was $0.

The average price on the surveyed exchanges, as weighed by volume, was $0.

Volatility was unusually low, with the BlockTribune Volatility Index coming in at . A higher number indicates greater price volatility with 50 describing an average day.

These statistics were consolidated from 10 different exchanges. It includes only BTC/USD trades and only on those exchanges that had at least 1% of the total volume of BTC/USD trades during the measurement period.