Cryptocurrency Market Remains Flat as Stellar Jumps 12%

Jim Makos / jimmakos.com/photography / Flickr

After a bullish push over the last few days, the cryptocurrency market has remained relatively flat over the last 24 hours as Bitcoin (BTC) hovers around $8,200.

The AltDex 100 Index (ALT100), a benchmark index for large-cap cryptocurrencies and tokens, dropped 0.29% to 110.89 over the last 24 hours. Over the previous 7 days, the index hit a high of 112.44.

AltDex

While Bitcoin and the larger market consolidated, Stellar (XLM) had a strong day, pushing from $0.302 to $0.337, representing a gain of around 12%. Stellar is now up 13% over the last 7 days, due in large part to its momentum from the anticipation of a potential Coinbase listing, making it one of the best performing coins on the market.

Other cryptocurrency categories have performed slightly better than the overall market over the last 24 hours. The AltDex Exchange Token Index (ALTEXC), a benchmark index for the industry’s leading exchange tokens, has increased 1.86% while the AltDex Privacy Index (ALTPRV), a benchmark index of privacy-focused cryptocurrencies and tokens, is up 1.15%.

More: AltDex 100 Cryptocurrency Index
Similar: Privacy Cryptocurrencies Jump 7% Led by ZenCash, Zcash and Bitcoin Private
Photo: Jim Makos / Flickr

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.
Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts