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Wall Street News

Cryptocurrency Markets Calm Down - But Volatility Too Much for 'Buy-and-Hold' Investors

August 20, 2018

While cryptocurrency markets trade 24/7 and always appear to be in perpetual volatility, the net change in those markets over the past 7 days were calm relative to the comparable 7-day returns as of one week ago (8/13/18).

 

That said, cryptocurrency markets remain a venue for traders and not one for most 'Buy-And-Hold' investors. 

 

Here are the week-to-week comparisons:

 

Prices as of 4:15 p.m. (ET), Monday - 8/20/18.

 

       Name

   Price

     7-Day         % Change

  Market Cap

 

  Bitcoin (BTC)

 

  $6,488

  +  3.2%

  $112 Bn

 

  Ethereum (ETH)

 

  $ 288

  -   1.2%

  $  29 Bn

 

  Ripple (XRP)

 

  $ 0.34

  +  20.2%

  $  13 Bn

 

  Bitcoin Cash (BCH)

 

  $ 544

  +   0.9%

  $   9 Bn

 

  Stellar (XLM)

 

  $0.22

  -   1.4%

  $  4.2 Bn

 

   EOS (EOS)

 

   $ 5.09

  +   8.2%

  $  4.6 Bn

 

  Litecoin (LTC)

 

   $  57

  -   0.5%

  $  3.3 Bn

 


 

 

Prices as of 4:35 p.m. (ET), Monday - 8/13/18.

 

       Name

   Price

     7-Day         % Change

  Market Cap

 

  Bitcoin (BTC)

 

  $6,265

  - 10.0%

  $108 Bn

 

  Ethereum (ETH)

 

  $ 290

  -  28.5%

  $  29 Bn

 

  Ripple (XRP)

 

  $ 0.28

  -  33.0%

  $  11 Bn

 

  Bitcoin Cash (BCH)

 

  $ 536

  -  22.5%

  $   9 Bn

 

  Stellar (XLM)

 

  $0.23

  -    4.1%

  $  4.3 Bn

 

   EOS (EOS)

 

   $ 4.66

  -  33.6%

  $  4.2 Bn

 

  Litecoin (LTC)

 

   $  56

  -  23.4%

  $  3.3 Bn

 

 

For current prices of all Cryptocurrencies, click on CoinMarketCap.com.