Bitcoin’s Roller Coaster Ride
It’s a bright and sunny day in the cryptocurrency world as Bitcoin (BTC) hovers around the $10,100 mark, enjoying a gentle breeze of moderate gains. At present, BTC is enjoying a modest 1.67% increase, trading around $10,135. However, don’t get too cozy; it’s still nursing a week-long stumble, down 0.78% from its previous high.
Ether’s Legal Eagle: Holding Ground
Meanwhile, Ether (ETH) stands strong as the largest altcoin by market capitalization, valued at an impressive $20.5 billion. ETH’s recent performance shows it’s slightly up by 1% in the last 24 hours, trading at approximately $191. Over the week, the trend is looking a bit more optimistic with a gain of about 3.24%.
XRP: Up and Away
Rounding out the top three is Ripple’s XRP, which has managed to wake up and smell the profits, boasting a 3.3% hike in the last 24 hours. Currently trading at around $0.275, XRP is also up 3.77% from where it stood a week ago. So, if you’re holding onto some XRP, now might be the time to pat yourself on the back.
Who’s Having a Bad Day?
But not everyone is riding this wave of positivity. Among the top cryptocurrencies, a few are feeling a bit blue. Unus Sed Leo (LEO) is slipping down by 0.73%, while Chainlink (LINK) couldn’t catch a break and dropped 0.59%. Even the mighty Binance Coin (BNB) is taking a minor hit, down by a fraction…
The Overall Picture
The total market capitalization of all cryptocurrencies is currently sitting at a hefty $265.6 billion. This is about 0.22% higher than it was a week ago, which suggests that the market is cautiously optimistic, but don’t get too excited—volatility is always just around the corner!
Contrastingly, Ethereum is reportedly still riding the bear market wave. But as Placeholder VC’s partner Chris Burniske articulated, if you have faith, ETH/USD could prove to be a solid long-term investment.
+ There are no comments
Add yours