Advertisement

Verbal Intervention from US Treasury Whacks CD Crypto Indices

Verbal Intervention from US Treasury Whacks CD Crypto Indices

The CryptoDaily 21 Leaders Cryptocurrency Index weakened to 40.18 on Monday from 40.49 on Sunday, a 0.76% decline. The 21 Leaders Index is off 21.90% over the past 7 days and is down 13.85% over the past 30 days.  Zcash (ZEC) led the decliners with a 4.7% depreciation to a market capitalisation of US$ 562.58 million as traders reacted to comments from US Treasury Secretary Mnuchin suggesting stronger compliance regulations are in store, a new setback for privacy coins. NEO (NEO) weakened 4.1% to a market capitalisation of US$ 870.56 million and Chainlink (LINK) dropped 4.0%. Cosmos (ATOM) led advancers with an 11.0% climb to a market capitalisation of US$ 789.96 million.


The CryptoDaily Mid-Cap Cryptocurrency Index spiraled lower to 35.85 on Monday from 37.35 on Sunday, a 4.01% pullback.  The Mid-Cap Index is off 23.51% over the past 7 days and is off 28.83% over the past 30 days. Ren (REN) depreciated 12.4% to a market capitalisation of US$ 58.51 million as traders sold REN below BTC 0.00000750.  Enjin Coin (ENJ) weakened 9.7% to a market capitalisation of US$ 79.1 million while Steem (STEEM) came off 8.4% and traded below BTC 0.0000239. GXChain (GXC) expanded +4.0% as it traded above BTC 0.0001375.

You can share this post!

Advertisement