Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Please try again

Live Webinar Events


Economic Calendar Events


Notify me about

Live Webinar Events
Economic Calendar Events






More View More
Webinar: Cryptocurrency Volatility Likely to Remain High

Webinar: Cryptocurrency Volatility Likely to Remain High

Nick Cawley, Senior Strategist


In this webinar we discussed the current state of the cryptocurrency market with Bitcoin taking a back seat for once to various other crypto-coins including Ripple (XRP), Ethereum (ETH) and Litecoin (LTC). Investors, who had bought altcoins over the last couple of weeks, suddenly dumped their holdings as valuations became seemingly unjustifiable.

Other cryptocurrency topics covered included –

  • Companies who had registered to set up Bitcoin ETFs suddenly began pulling their applications as talk swirled that the SEC wanted to see the futures market mature further.
  • Ethereum continued to rally higher, even during the market sell-off, and is positioning itself to take over from Bitcoin as the market dominant cryptocurrency.
  • Prices from various South Korean exchanges were taken out of various market metrics, causing the overall market capitalization to fall sharply at the start of the week.
  • Ripple became the second-most valuable coin last week but its valuation has now halved from its high and may have further to fall as sellers control the market.

If you missed this webinar and would like to know about future events, see the full DailyFX webinar schedule here.

If you are interested in trading Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ripple (XRP) or Litecoin (LTC) check out our Introduction to Bitcoin Trading Guide.

--- Written by Nick Cawley, Analyst

To contact Nick, email him at

Follow Nick on Twitter @nickcawley1

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.