eToro
By eToro
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Daily Cryptocurrency Tracker 20.9.18: Lower volatility in crypto markets

The cryptocurrency market showed relatively lower volatility over the past 24 hours, as 5 of the top 10 cryptos registered price movements of less than 1%. The top 10 crypto list was evenly split between cryptocurrencies which registered losses and those that registered gains. Bitcoin was slightly higher at the time of writing, holding above the $6,400 mark.

Highly volatile investment product. This is not investment advice. Your capital is at risk.

XRP up nearly 20% for the week

Despite registering slight losses over the past 24 hours, the XRP token registered overall impressive gains over the past 7 days. Currently ranked 3rd by market cap, XRP is up more than 19.5% for the week. The crypto had a significant price spike on Tuesday and has shown relative stability since, trading at price levels not seen in more than two weeks.

Highly volatile investment product. This is not investment advice. Your capital is at risk.

Japanese crypto exchange hacked; $60 million stolen

While the blockchain itself has so-far proven to be hack-proof, exchanges that hold cryptocurrencies are only as safe as their cybersecurity measures. Yesterday, it was reported that Japanese crypto exchange Zaif was the victim of an attack orchestrated by hackers, who came away with nearly $60 million in Bitcoin and other cryptocurrencies. This is not the first major attack on a Japanese exchange: Last January, CoinCheck, a popular Japanese exchange, was the target of the largest crypto heist ever, in which hackers got away with $530 million in crypto.

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