Crypto Markets Continue to See Low Volatility, With Scant Few Coins Budging in Price

Tether has seen marked movement for a "Stablecoin." Having slipped from its U.S. dollar peg to trade well below its historical price range last week, the asset has today seen around 0.7 percent growth as it stakes an attempted recovery.

Overall on the week, the top coin is up around 4 percent: on its monthly chart, growth is around 2.6 percent.

Having seen an intra-week low of around $189 on Oct. 12, followed by a couple of days of sustained losses, the leading altcoin saw a brief spike Oct. 15, to trade as high as $220. This brings Ethereum to a 2.1 percent gain on its weekly chart; monthly losses are a similarly slight 3.1 percent.

The remaining top ten coins on CoinMarketCap are more red than green, but all changes are capped within a 2 percent range in both directions.

Seventh largest coin Litecoin is down the most of the top ten coins, losing 1.63 percent to trade at around $52.74 by press time.

In the context of the top twenty coins, the market picture is also calm, with most coins seeing minor price changes of red and green within a 2 percent range.

Tron is up around 1.1 percent at $0.024; NEO just slightly less, up by 0.9 percent at $16.75.

The largest losses among the top ten coins have been IOTA, Dash and Ethereum Classic, all losing close to 2 percent on the day.

A notable outlier in the market is anonymity-focused altcoin Zcash, which has seen marked momentum and is up over 5 percent on the day to trade at $121.28, dislodging spoof alt Dogecoin from its spot as twentieth largest coin by market cap.

DOGE is down around 4.7 percent, now ranked 21st largest crypto asset, and is trading at $0.004476.