Bitcoin Stable at $6,600 while Altcoins making Good Greens

By Achal Arya
Published October 8, 2018 Updated October 8, 2018
Best Buy In




Bitcoin Stable at $6,600 while Altcoins making Good Greens

By Achal Arya
Published October 8, 2018 Updated October 8, 2018

Bitcoin has been maintaining stability with a reduction in its volatility that has the leading crypto trading at about $6,600. Meanwhile, TRX and XLM are making good gains among the top altcoins.

Bitcoin in green, volatility low

Bitcoin has moved from $6,500 to $6,600 and is now maintaining stability around this level. At the time of writing, Bitcoin has been trading at $6,604, up by 0.21 percent in the past 24-hours. Today’s price range has been between $6,585 and $6,622.

Bitcoin 1-day price chart, Source: TradingView

With a market cap of $113.89 billion, the daily trading volume of the leading cryptocurrency has taken a hit as it currently sits at $3.35 billion. Meanwhile, BTC Dominance is at 52.3 percent.

The entire crypto market cap has taken a lot of upswings and slips as the market struggles between bears and bulls.

Total market cap 7-days chart, Source: Coinmarketcap

Also, check: Bitcoin, Altcoins Sentimental Analysis for Cryptocurrencies- October 07

TRX, XLM biggest gainers in top cryptos

Meanwhile, altcoins are making good greens, especially the top ones. Out of the top 15 cryptocurrencies,

  • Tron (TRX) is the biggest gainer of today with about 11 percent gains at $0.0266
  • Stellar (XLM) is also making decent gains at just above 6 percent at $0.2538
  • With 3.60 percent gains, Cardano (ADA) is trading at $0.0839

Whereas, Ethereum (ETH) is at $225 and XRP at $0.4819 while being up by 1.05 and 1.71 percent respectively.

Today’s top gainers have been Maker (MKR) with over 20 percent gains at $740. It is followed by Ox (ZRX) with over 14 percent raise and then by CyberMiles and (CMT) Noah Coin (NOAH) by about 13 percent gains each.

Ontology (ONT), PowerLedger (POWR), Decred (DCR), and Verge (XVG) are also in the green by more than 6 percent.

The biggest losses have been suffered by DigixDAO (DGD), in red by over 7 percent. Steem, TenX (PAY), Loom Network (LOOM), Lisk (LSK), and Aurora (AOA), are also sliding down.


The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
About Author
Achal Arya
532 Articles
I am an entrepreneur and a writer with a bachelors degree in Computer Science. I manage the blockchain technology and crypto coverages at Coingape. follow me on Twitter at @arya_achal or reach out to me at achal[at]

Loading Next Story