Crypto Markets Slowly Sliding, But Monero Up On Hard Fork Fee Action
It’s not a full-scale rout, but the crypto markets started sliding south in today’s early trading, with most of the top ten coins showing losses over the last 24 hours.
Bitcoin continued its slow retreat, touching the $6,400 mark in light trading. Ether, Bitcoin Cash, and XRP were all down one to two percent.
The early outliers were Stellar, Litecoin and particularly Monero, the latter riding the sudden interest in its latest hard fork, which lowered its XMR transaction fees.
Bitcoin market highlights for the 24 hours ending October 23, 2018 at 1:00 pm US Eastern Time
The highest price seen was $6,719.14 on the Cryptonex exchange at 11:37 pm yesterday. Cryptonex saw $39,900,288 of bitcoin change hands.
The lowest price seen was $6,360.40 on Gemini’s exchange at 7:13 am today. Gemini’s 24 hour volume was $23,503,194.
The average price on the surveyed exchanges, as weighed by volume, was $6,468.65.
Volatility was a bit lower than average, with the BlockTribune Volatility Index coming in at 43.4. A higher number indicates greater price volatility with 50 describing an average day.
These statistics were consolidated from 26 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.
