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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.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.