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Sunday, December 16: the first 20 cryptocurrencies are all in the green, with a mix of gains from light to solid, with Bitcoin (BTC) that is around $ 3200.
Market display from Coin360
At the time of printing, Bitcoin is slightly less than two percent in the last 24 hours. On the weekly chart, current prices are slightly higher than the lowest point recorded on 15 December.
Bitcoin 7-day price chart. Source: CoinMarketCap
Ripple (XRP), the second largest cryptocurrency by market capitalization, has gained over two percent in the last 24 hours. He started the day at $ 0.283 and currently trades around $ 0.29, near the highest point mid-day of $ 0.294.
On the weekly chart, the current price is moderately higher than the lowest recorded in the last seven days, equivalent to $ 0.282. Furthermore, the current value is significantly lower than the price of $ 0.311 with which XRP started the week.
7 days price chart ripple. Source: CoinMarketCap
Ethereum (ETH) remains the third largest cryptocurrency by market capitalization, gaining slightly less than four percent in value in the last 24 hours. At press time, ETH traded just under $ 87, after starting the day around $ 83 and reporting moderate gains during the day.
On the weekly chart, the current price is above the lowest point of $ 83, but still significantly below $ 95, the price at which ETH started the week.
7-day chart of Ethereum. Source: CoinMarketCap
Among the first 20 cryptocurrencies, some are reporting more remarkable growth. Bitcoin SV (BSV) rose just under 16 percent, while Litecoin (LTC) gained almost 11 percent. Dash (DASH) reported a price increase of almost 5 percent, while EOS (EOS) posted around 6 percent earnings on the day for the press.
As Cointelegraph reported yesterday, December 15, Stephen Pair, managing director of the BitPay merchant encryption platform, said that he expects the mass adoption of the blockchain for payments to take place between 3 and 5 years. He also noted that, when it comes to cryptography, "adoption will push prices higher".
The pair statement is in line with what Jeremy Allaire, CEO of the crypto Circle finance company, told CNBC in a recent interview. That is to say, speaking of Bitcoin, Allaire said that he thinks "it will certainly be worth much more than today" in three years.
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