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Bitcoin Cashcoin, Litecoin Up Strong In Mixed Crypto Market

Bitcoin Cashcoin, Litecoin Up Strong In Mixed Crypto Market

Investing, News | September 27, 2018 br>
By: Bruce Haring

Cryptographic markets have shown a rare mix of results today. Instead of going up or down, the first 10 coins were divided into the results.

While Bitcoin was serving at the $ 6,500 level, Bitcoin Cash was exploding. In early morning trading, Bitcoin Cash was up 21 percent, about $ 563 per token. The big leap forward was attributed to the mining company Bitmain announcing plans for an initial public offering (IPO) on the Hong Kong stock exchange. Even Bitcoin Cash has no direct relationship with Bitmain, its community is strongly aligned with mining, since Bitcoin Cash represents a long-time fork sought by bitcoin.

Elsewhere in the top ten, Litecoin recorded high performance, more than seven percent and for the first time ever exceeded the value of $ 61, attributed mainly to a strong feeling of bull based on Litecoin that was added to SFOX, one of the major cryptocurrency for high volume traders and institutional investors.

Highlights of the 24-hour bitcoin market ending on 27 September 2018 at 1:00 pm, New York time

The highest price seen was $ 6,646.74 on the Cryptonex exchange rate at 1:49 pm yesterday. Cryptonex saw $ 19,595,380 of bitcoins change hands.

The lowest price seen was $ 6,255.88 for the exchange of Cryptonex at 4:19 today. Cryptonex's 24-hour volume was $ 19,595,380.

The average traded price, valued in terms of volume, was $ 6,494.90.

Volatility was slightly lower than average, with the BlockTribune Volatility Index arriving at 45.0. A higher number indicates higher price volatility with 50 describing an average day.

These statistics have been consolidated by 24 different scholarships. It includes only the BTC / USD trades and only on those exchanges that have had at least 1% of the total trading volume BTC / USD during the measurement period.

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