In today’s crypto news on Wednesday, October 17th, we are seeing stability in the crypto market, represented by the recent movements of the top coins, which have corrected from yesterday’s upswing. The prices of Bitcoin, Ethereum and other altcoins remain relatively stable right now.
To begin with, Bitcoin (BTC) is relatively stable and corrected by only 1% after yesterday’s gains which saw it moving closer to $6,700. Right now, Bitcoin is trading at $6,535 with a market cap of $113 billion.
Ethereum (ETH) is second with a market cap of $21 billion ($3 billion more than the third coin Ripple) and is safely trading at $207, correcting by 1.44% after yesterday’s surge. Bitcoin Cash (BCH) seems to have fallen by 2.39% and is now trading at $449, followed by EOS and its standard moves around the $5 mark.
Tether (USDT) has fallen after seeing a major recovery and is now trading at around $0.97 which is near the projected $1 price that the stablecoin has – and way better than its $0.92 mark which scared a lot of investors a couple of days ago.
What’s remaining are the top ten coins all seeing a mix of green and red, recording minor losses and gains, capped with a 2% range in both directions. On top of this, the total market cap is still above the $200 billion margin and now collects more than $210 billion dollars
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