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Friday, June 16, 2017

Crypto Markets Fight Off Slump, Ripple And IOTA Underperform

Crypto Markets Fight Off Slump, Ripple And IOTA Underperform

The top ten cryptocurrencies are staging a comeback this Friday, with the notable exception of the newcomer, IOTA.


Data from Coinmarketcap shows Bitcoin, Ethereum and other major cryptocurrencies all recovering from Thursday’s lows, in which multiple altcoins followed a Bitcoin price slump.


Ripple remained fairly constant, having a history of not tracking Bitcoin in terms of price performance.


Litecoin turned the reversal into gains, edging above its value immediately prior to the slump. Monero meanwhile is still banished from the top ten: its market cap is around $100,000 below that of Stratis.


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