Major Coins Report Mixed Signals, ETC Sees Modest Gains Following Har Fork

Publié le by Cointele | Publié le

Thursday, Sept. 12 - Cryptocurrency markets are reporting mixed signals today after Bitcoin stuck above $10,000 as it was earlier today, according to data from Coin360.

BTC is up 2.19% over the past 24 hours and is trading at around $10,302 at press time.

As Christopher Inks of TexasWest Capital said in an interview with Cointelegraph earlier today, with many fundamental legacy market indicators flashing incoming recession, Bitcoin market participants are pushing the "Bitcoin is digital gold" narrative.

"The Bitcoin market has only been around during a bullish economy, so we don't know how it will perform during an economic downturn."

On its weekly chart, the coin is up just 1.51%, while its monthly chart shows losses of 15%.Ether 24-hour price chart.

XRP is also reporting small gains of 0.18% today to trade at around $0.253 at press time.

Over the past month, the coin has lost 15.5%.XRP 7-day price chart.

Ethereum Classic is up by a modest 0.09% following its Atlantis hard fork earlier today.

The coin is currently trading at around $6.27.ETC successfully performed the Atlantis hard fork in accordance with previously estimated time - between Sept. 12 and Sept. 13, 2019 - at block height 8,772,000.

The market capitalization of all cryptocurrencies on Coin360 is over $264 billion at press time.

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