• Bitcoin stays above $4,200, looks like the worst is over.
  • Altcoins are mixed with Zcash the biggest winner.

The cryptocurrency market has stabilized after a short-lived recovery. The top-20 coins are mixed, though it is clear that the upside momentum has faded way for the time being. The total capitalization of digital assets in circulation increased to $137B from $135 this time on Thursday.

Bitcoin, the largest and the most popular cryptocurrency, has gained about 3% in recent 24 hours to trade at $4,269 by the time of writing. The coin is staying in a narrow range amid low trading activity.

Ripple's XRP is hovering at $0.3810, unchanged both on a daily basis and since the beginning of Friday. The second largest digital asset with market value $15.3B stalled on approach to $0.40 handle, amid lack of bullish catalysts that might have pushed it higher. 

Ethereum is changing hands at $118.9 at the time of writing, off the Asian high of $119.77. ETH needs to clear $120 handle to improve the short-term technical picture, however, the upside momentum is nowhere to be seen as of yet.

ZCash is the biggest winner today. The coin has gained over 12% since this time on Thursday to trade at $88.71 at press time. Now it takes the 19th place in cryptocurrency rating.

What's going on in the crypto universe

Mohammed El Erian thinks its too early to pull the plug on cryptocurrencies

Tron plans to launch a blockchain-based gaming fund

South Korea makes a U-turn with its cryptocurrency policy


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.

Cryptos feed

Latest Crypto News

Latest Crypto News & Analysis

Editors’ Picks

BTC/USD low volatility indicates a significant move to $8,000 or $10,000 is nearby

Bitcoin price is currently at $9,229 after a brief dip to $9,104. It is currently below the daily 12-EMA and the 26-EMA which have been unable to cross positively due to the lack of bullish continuation. 

More Bitcoin News

XRP/USD do-or-die scenario at $0.20

The XRP price target at $0.21 is slowly fading away after an extended consolidation period. XRP is still fighting to stay above $0.20 while daily EMAs...

More Ripple News

ETH/USD still on its way to $250 as the market cap of ERC-20 tokens surpassed Ethereum

Ethereum has been outperforming Bitcoin for quite some time and it’s still really close to cracking $250. Ethereum price is at $240.32 after a slight drop below the daily 12-EMA...

More Ethereum News

BCH/USD flirts with pivotal $230.00, bears are on the alert

Bitcoin Cash (BCH) tested the intraday low of $224.04 and recovered to $230.00 by the time of writing. The coin takes fifth place in the global cryptocurrency rating with the current market value of $4.24 billion and an average daily trading volume of $1.4 billion. 

More Bitcoin Cash News


Bitcoin Weekly Forecast: BTC volatility drops to a year low, get ready for a spiral drive

The week was tough for the cryptocurrency markets confined to tight ranges. Bitcoin has lost 1% of its value during the recent seven days with the trading range limited by $9,298 on the upside and $8,933 on the downside.

Read the weekly forecast