Crypto Markets Placid on 10th Anniversary of Bitcoin Whitepaper

Wednesday, Oct. 31: after a couple of days of mild losses, crypto markets have today stabilized, with most of the top twenty cryptocurrencies by market cap seeing slight fluctuations capped within a 2 percent range.

On the 10th anniversary of the publication of its white paper on Oct. 31, 2008, Bitcoin is today up under one percent, trading just above $6,300 at press time.

Before sustaining mild losses Oct. 29-31, Bitcoin had been trading within a tightly range bound between $6,400-$6,500, prompting multiple crypto sphere commentators to remark on its new quasi stablecoin-like trading patterns.

Bitcoin's first ever recorded trading price was March 17, 2010, on the now-defunct platform bitcoinmarket.com, at a value of $0.003: the crypto has sealed 209,999,900 percent growth since then to press time.

On the week, Bitcoin is around 1.8 percent in the red, with monthly losses at around 4.65 percent.

On its weekly chart, Ethereum is around 2 percent in the red; monthly losses are at a stark 15 percent.

The remaining top ten coins on CoinMarketCap are mostly just inching into green, with the strongest growth sealed by anonymity-oriented alt Monero, up 2.42 percent to trade at $104.15.

Stellar, down just 0.65 percent at $0.222, has been the hardest hit of any top-ten coin.

In the context of the top twenty coins, volatiltiy is also low, with coins seeing a mix of red and green, almost all bound under 2 percent.

With markedly little price momentum all round, 19th largest crypto Zcash has seen the largest losses on the day to press time, down 1.49 percent.