EOS Flips Litecoin Again as Crypto Markets Beat a Slow Retreat

Market Wrap Crypto markets falling back slowly; EOS retakes 4th losing less than Litecoin, Maker and NEM climbing.

Crypto markets have started to head south once again but the slide is a slow one at the moment and the majors are holding their positions. Total market capitalization has remained above $120 billion but only just as red starts to envelop the charts.

Bitcoin has been flat for the best part of the past 24 hours. It hit an intraday high of $3,670 this time yesterday but has fallen back since ending the period almost a percent down. BTC is currently trading at $3,630 and looking bearish.

Ethereum has held steady over the past day and is still trading at $123. There have been little signs of further momentum for ETH but this may change as the rescheduled Constantinople draws nearer. XRP has fallen back on the day by around 1.5% and the gap between the two is currently just $300 million.

The top ten is a sea of red with most altcoins dropping back during the day’s Asian trading session. Litecoin has lost the most at over 5% which has enabled EOS to retake fourth spot with a loss of