Bitcoin Stagnates at $39K, THORChain's RUNE Surges 10% (Weekend Watch)

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Cryptocurrency markets failed to produce any notable price action in the past 24 hours. Bitcoin remains flat at $39K while top altcoins stay calm.

The cryptocurrency market failed to deliver any significant movements in the past 24 hours as the majority of coins are trading flat with no real discrepancies. There are, of course, a few exceptions, so let’s unpack.As seen in the chart below, the past 24 hours were finally a bit less volatile compared to previous periods.

With one exception where BTC’s price dipped towards $38,500, the primary cryptocurrency has been trading around $39,000 for the most part. This is somewhat expected as it’s the weekend and it’s usually the case that volumes are lower.The lack of tumultuous price action also resulted in a lot fewer liquidations compared to the previous days.

 

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