Bitcoin, Ethereum, Ripple overview: Saving pains before the weekend

Major cryptocurrencies are lethargic in narrow ranges.
Constantinople update went smoothly, but ETH doesn’t care.

Cryptocurrency market is a boring place with all major coins including Bitcoin, Ethereum and Ripple’s XRP following consolidate patterns. Binance Coin is the only top-20 asset with notable movements. BNB/USD gained over 7.5% in recent 24 hours to trade at $10.68. The coin takes the 10th place in global cryptocurrency rating with a market capitalization of $1.5B.

Bitcoin (BTC) stays close to $3.800 handle after a failed attempt to engineer a range escape. The coin moved from $3,888 high to $3,757 low in a matter of minutes on Thursday but eventually returned to $3,800 handle.

Ethereum (ETH) is also paralyzed at $137.00, unchanged on a day-over-day basis. The Constantinople update took place successfully; however, the market reaction has been muted so far. The volatility might increase later during the day when the European and North American traders join the market. According to Trustnodes, the upgrade went smoothly as two major Ethereum clients Geth and Parity stayed sync.

Ripple’s XRP, the third largest coin, is changing hands at $0.3153, with little changes in recent 24 hours. XRP/USD has been moving in sync with the market lately, ignoring its own fundamentals like the announcement of Coinbase listing.

Share: Cryptos feed

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.