Bitcoin futures might have beenexpired,howeverthisdid notseem turning outmarket volatility in case of cryptocurrencies as markets remained flat bearing little looses.
Data from CoinMarketCap and CoinChangellyensure the end thatthistrading week – and with it the payment date for CME Group’s Bitcoin futures – hadbasicallynoresulton either the prices of Bitcoin [BTC] or Altcoin’s.
The behaviour marks a starkdistinctionfromsimplyseveralmonthsawhile, withimminentfutures previously sparking losses in the run-up to their settlement date.
As per a recent report published by EtherDesk earlier this week, Bitcoin [BTC] noted a volatility that had hit 18-month low amid mixed forecastsregardingthe 2018 bear market endingwithin theshort term.
Atthe sametime, commentators have claimed that a surprise uptick could well hit the crypto-economyunpredicted,independentof the impact of institutional investorsgetting intotheecosystem, something expected inthe primaryfirst half ofnext year.
However at the reporting time, BTC/USD pair remains tightly rangebound trading at a price of $6,475.318USD which is 0.17% lower than yesterday.
This minimum loss story hasbroadly repeatedacrossthe top20 Altcoin’s by market cap, the second major cryptocurrency on the other hand, Ethereum [ETH]is trading at a price of $204.083 USD which is 0.31% higher than yesterday.
Support at $200 USD is currently holding its stand firmly.
Elsewherewithin thetop20 altcoin’s, IOTA [IOTA] has seenthe major downtrend movement for the day, down 2.64% at the reporting time.
The totalcapitalizationof all cryptocurrencies has seennearlynoamendmentover the pasttwenty four hours, strangling at around $209.088 Bln.