Crypto Market Snapshot – January 9, 2018

Crypto Market Snapshot – January 9, 2018

Admin No Comment

The cryptocurrency market displayed another day of sideways movement, although price action had a positive slant for the majority of top 100 coins. 64 coins in this category have gained value during the last 24 hours, with 12 increasing by 5% or more. 

Like yesterday, TRX was the top performer in the crypto top 10, as most of the top 10 only showed minor price fluctuations. EOS was also a standout with a solid 4% bump. Just outside the top 10, ADA practically matched the performance of TRX, gaining 7.5%.

Bitcoin continued to stay above $4,000, but moved in an extremely tight range of only about $50. Trading volume stayed relatively flat around the $4 billion level throughout the entirety of the day. 

AOA continued to display considerable volatility, spiking by 15% on fairly low trading volume (only about $436,000). ONT, the native asset of the Ontology blockchain platform, was not too far behind. Ontology recently released Neptune, a Python smart contract compiler for developers.

VeChain’s VET also had a solid showing, and increased in value by about 8.7%. Today, the VeChain team published an overview of the project’s accomplishments in 2018, which is a good read for those interested in VeChain. 

Leave a Reply