BCN breaks out from the delisting impact, 0x plunges, ETH shows rebound

13 Oct, 2018
by Fifi Arisandi
News
BCN breaks out from the delisting impact, 0x plunges, ETH shows rebound

Market sees more greens as almost all coins climb up, with several surprises from Bytecoin (BCN) and 0x (ZRX). 

The green color dominates the top 100 cryptocurrencies by market cap list today, as almost all coins find its way back up, although BCN and 0x show surprising updates. The total market cap according to Coinmarketcap as of reporting time is $201 billion, which is 1 billion more than yesterday. 

Tron (TRX)

TRX sees a huge gain with a 9.29% increase, after the CEO "announcing" their partnership with the mysterious industry giant just hours ago. This is the second biggest gain in the top 100 list, right below Augur (REP) that has almost 10% price increase. 

Altcoins

Major altcoins such as XRP, Litecoin (LTC), and Stellar (XLM) keep getting stronger with an increase of 5.48%, 3.93%, and 3.23% respectively.

But, the notable gain comes from Ethereum (ETH) with 3.28% after being in the red color for a couple of days. In contrast to that, 0x that has been on high with up to 12% gain just yesterday, now is down by 2.84%. 

BCN, on the other hand, seems to have managed to break out from the multiple delisting effect with 3.61% gain in less than 24-hours. 

Bitcoin (BTC) 

BTC survives in the green longer with 0.04% gain at $6,284 price point. If paying a close attention to BTC's price changes these days, one would realize that it hasn't had fluctuated a lot. Could it be a prove of institutional money's backing up the biggest cryptocurrency so far? 

Read more: 

Institutional money might have quietly stepped into the cryptocurrency market

BTC’s decreasing volatility: store of value, adoption, or it’s become boring?

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