Cryptocurrency markets are mostly trading flat today as BTC continues its consolidation. Ripple is the best performer from the leading altcoins, up 7% in 24 hours.
Bitcoin’s price continues to consolidate and has failed to produce a meaningful and sustained movement in any direction. Meanwhile, Ripple’s XRP is the only altcoin in the top 10 that’s charting a serious increase.Over the past 24 hours, Bitcoin’s price failed to produce any meaningful and sustained move in either direction and is pretty much trading right where it was yesterday during this time – at around $39,000.
This doesn’t mean that we didn’t see volatility – on the contrary. Yesterday, reports came out that the Russian President, Vladimir Putin,being made in the talks with Ukraine. This propped up the market, and Bitcoin’s price surged by about 3.6% in less than an hour and reached a high of $40.2K. Unfortunately, the market was spread rather thin, and the gains were erased with the following hourly candle, displaying just how much tension there currently is.All in all, BTC is up some 0.
All in all, the best-performing cryptocurrency from the top 100 is XIDO, with a 30% surge, whereas the worst-performing one is ANC, down 9%.