Crypto Markets Finally See Wave of Modest Growth After Period of Relative Stability

Bitcoin has seen a relatively strong boost, by press time growing almost 2 percent on the day to trade solidly above the $6,600 mark at $6,664.

The latter article noted that Bitcoin has traded with a $732 range since Sept. 7, "Swinging no more than 12 percent from peak to trough," citing compiled data from Bitstamp.

On its weekly chart, Bitcoin is now just over one percent in the green, with monthly growth a strong 8 percent.

Ethereum is similarly seeing strong action on the day, up almost 3 percent to trade at $230. Despite a dip as low as $218 early on its weekly chart, the leading altcoin has seen several days trading range-bound between $220-225.On the week, Ethereum is around 0.6 percent in the red; monthly growth is close to 17 percent.

Ripple has outflanked both Bitcoin and Ethereum, growing an impressive 3.35 percent on the day to trade at $0.49.

The remaining top ten coins on CoinMarketCap are all in the green, almost all seeing between 2 and 4 percent growth.

Cardano is up the most - rising almost 5 percent to trade at $0.087 at press time.

In the context of the top twenty coins, momentum is similarly strong, with Tezos and VeChain, ranked 18th and 19th by market cap, both seeing about 4.5 percent growth on the day to press time.

The 12th-largest crypto IOTA is also up around 4.5 percent.

Earlier today, the asset saw a serious pump soaring almost 8 percent after CEO Justin Sun claimed a today's update would see the protocol beat Ethereum on speed and EOS on cost.