Over the last few days, cryptocurrency markets have been holding steady and consolidating after the correction on Feb. 24. Currently, the entire market capitalization is hovering around $129 billion and trade volume has started to diminish slightly with $24.9 billion traded over the last 24 hours. The top contenders capturing most of today’s daily gains consist of litecoin (LTC), binance coin (BNB), and ethereum classic (ETC).
Crypto Markets Consolidate While Traders Wait for the Next Big Move
On Saturday, March 2, the most popular crypto markets have been dull after the last big price dip that took place last week. Today the three coins swapping the most volume are bitcoin core (BTC), tether (USDT) and ethereum (ETH). At the moment BTC is swapping for $3,864 per coin and has an overall market valuation of $67.9 billion. This is followed by the second largest market valuation held by ethereum (ETH) which is trading for $134 per token.
Top 10 cryptocurrencies on March 2, 2019.
Ethereum had been the rally leader about a week and a half ago but markets are down over 10% for the week. Ripple (XRP) currently holds the third position today and each XRP is swapping for $0.31 a coin. This is followed by eos (EOS) markets which are down 10% over the last seven days as well. One eos is trading for $3.53 this Saturday and the market has an overall valuation of around $3.2 billion. Lastly, litecoin (LTC) is leading the top five markets by gaining 2.4% over the last 24 hours. One LTC is trading for $49 and markets have only lost 1.56% last week.