Decred Spiked Amid Monotonous Crypto Market

Oct 23, 2018 at 23:21

Crypto markets move on a flattish note as the investment and trading environment remained stale but Decred surprised with a 25% surge.

The lack of exciting news has brought the market capitalization to slide below the $210 billion mark.

As of writing, BTC is trading at $6,5746. 40 per piece, 0.69% down. Ethereum likewise dropped by as much as 1.2% to finish at $205.23 per piece.

The rest of the altcoins are mixed today with more red than green on the charts. XRP and Bitcoin Cash are both down respectively by 1.2% or 2.11%. On the contrary, Stellar, Litecoin and Monero climbed 0.33%, 0.17% and 2.22% respectively.

Among the top 20 coins in terms of market cap, Tezos saw a considerable increase. Although trading gains had ease to 1.46% as of writing, it has soared by as much as 6% on the day.

Ethereum Classic also made quite decent increments above 3%.

The biggest losers for the trading session are Zcash and VeChain who registered over 2% of losses.

Of the top 100, Decred topped after skyrocketing close to 25% to over $47 apiece. This moment has been attributed to the Binance listing.

Worst performers in the top 100 are Qtum and Electroneum losing more than 6% during the day.