Daily Price Analysis: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Litecoin (LTC) | Crypto Gazette – Daily Crypto News, Articles & Tips

The cryptocurrency market has gained $3 billion over the past 24 hours. The market has embarked on a slow recovery after slipping yesterday. The total cryptocurrency market cap yesterday was $213 billion but has now gone up to stand at $216 billion.

The daily trading volume meanwhile has remained stagnant at $13 billion.

Bitcoin price analysis

The Bitcoin price has embarked on a slow recovery following its slip yesterday. It was trading at $6,942 yesterday but has now risen to trade at $6,965. This rise represents 0.2% rise over the past 24 hours.

The daily trading volume meanwhile has also increased over the past 24 hours, rising from $4.2 billion yesterday to now stand at $4.5 billion.

Over the past five days, Bitcoin has gained 3% over the past five days. It was trading at $6,765 five days ago but has risen to now trade at $6,965.

Ethereum price analysis

Ethereum has risen by less than 1% over the past 24 hours. It was trading at $279 yesterday but has since risen to $281. CBOE is looking to launch Ethereum futures before the end of the year. This news, however, hasn’t led to a massive rise in Ether price.

The Ethereum daily trading volume has remained stagnant over the past 24 hours, still standing at $1.5 billion.

Ether has gained 1.3% over the past five days. It was trading at $275 five days ago but has participated in the market rise to now trade at $281. Against Bitcoin, ETH has lost 1.7% over the past five days.

Ripple price analysis

Ripple has gone up over the past 24 hours. It was trading at $0.32 yesterday but has since then gone up to now trade at $0.33. There was no apparent catalyst for this rise as the wider market recovered following yesterday’s slip.

The 24-hour trading volume meanwhile has slipped over the past few hours, dropping from $266 million to stand at $234 million.

Over the past five days, XRP has gained less than a percent against the U.S Dollars. It was trading at $0.32 five days ago but has now risen to trade at $0.33. Against Bitcoin meanwhile, it has slipped by nearly 2%.

EOS price analysis

EOS was the biggest winner amongst the leading cryptocurrencies. The cryptocurrency gained nearly 5% over the past 24 hours, rising from $5.87 yesterday to now trade at $6.15. The daily trading volume has gone up by $100 million.

The rise comes after Netcoins announced that it has listed EOS and users can now purchase the cryptocurrency on their platform.

The 24-hour trading volume yesterday was $663 million but has now gone up to $764 million.

EOS has gained 22% over the past five days. It was trading at $5.02 five days ago, with a weekly high experienced at $6.17. Against BTC, it has gone up by 19% over the past five days.

Litecoin price analysis

Litecoin has also started recovering, rising by less than a percent to now trade at $60. The daily trading volume has also risen significantly from $209 million yesterday to now stand at $247 million.

Litecoin has been trading around the same level over the past five days, though it experienced a high above the $63 mark during the week. Against BTC, LTC has gone up by 1.5% over the past five days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*