Cryptocurrency Trading Update: Is The Tide About to Turn For Crypto Markets?
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Cryptocurrency Trading Update: Is The Tide About to Turn For Crypto Markets?

THELOGICALINDIAN - FOMO Moments

The stagnation continues today as markets accept collapsed aback a atom during the morning’s Asia trading session. Dropping aback beneath $220 billion absolute bazaar assets for the tenth time in the accomplished month, things are activity boilerplate in crypto land.

Bitcoin is aloof about captivation arena aloft $6,600 and has abandoned a atom of a percent on the day. Neither beasts nor bears are accepting their teeth into BTC at the moment. There is according blackout on Ethereum markets appropriate now as ETH has beneath a blow back bygone and is trading at about $226.

Altcoins are all red today but losses are bordering and things are still actual apathetic on the markets. According to Coinmarketcap Stellar is falling aback the best in the top ten with a 2% abatement to $0.242 for XLM. The blow are bottomward amid one and two percent on the day, accident those tiny assets they accept fabricated over the accomplished two days.

Further bottomward the account the top twenty paints a agnate account with all altcoins falling aback a percent or two. Alone Tezos is authoritative a accretion as XTZ climbs 4% to $1.41 at the time of writing. It is the alone altcoin in the blooming in the top 25 appropriate now. Just alfresco at 26th is 0x which is authoritative a absolute move of over 6% at the moment.

As accepted there are a few fomo-driven pumps activity on for the added abstruse alts and these accommodate Eternal Token up 26%, and Noah Coin and Nebulas jumping 16-18 percent on the day. Behind those are Elastos and Dentacoin, both over ten percent college today. Getting exhausted up is Bytecoin auctioning 20% afterwards actuality delisted by Binance. Decred is additionally falling aback forth with CyberMiles and Populous which had their pumps yesterday.

Total crypto bazaar assets has afflicted by a atom of a percent brief bottomward aback to $219 billion. Trade aggregate is a apathetic $11 billion and markets are still acutely sluggish. It has been the longest aeon of cessation this year which could be a acceptable assurance that the course is out and the basal is in.

FOMO Moments is a area that takes a circadian attending at the top 20 altcoins during the accepted trading affair and analyses the best assuming ones, attractive for trends and accessible fundamentals.