eToro
By eToro
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Daily Cryptocurrency Tracker 17.1.19: Crypto market stagnant

Following a volatile week, characterized by wide price swings in both directions, the cryptocurrency market was quite stagnant over the past 24 hours, as no top 10 crypto registered movements larger than 1%. At the time of writing, Bitcoin was down around 0.3%, holding above the $3,600 mark.

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

Cardano rises 3.5%

While the top 10 cryptos registered lower volatility over the past 24 hours, just outside the top 10, more significant price movements were seen. 11th ranked Cardano showed gains of more than 3.5% over the past 24 hours, nearly erasing all of the losses suffered by it earlier this week. However, right before this week started, the ADA token tumbled nearly 20%.

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

Ethereum hard fork delayed until further notice

In what was supposed to be an uneventful hard fork, the Ethereum Constantinople upgrade has been delayed yet again. The hard fork was scheduled to be implemented this morning at 4:00 GMT, but was once again postponed, this time with no alternative date announced. Over the past 24 hours, Ethereum displayed lower volatility, up by around 0.1% at the time of writing.

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

eToro is a multi-asset platform which offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Cryptocurrencies can fluctuate widely in price and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Past performance is not an indication of future results. This is not investment advice. Your capital is at risk

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