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Sunday, December 23rd – all the first 20 cryptocurrencies are recording moderate gains, with the price of Bitcoin (BTC) that still exceeds $ 4000, according to CoinMarketCap data.
Market display from Coin360
At the time of printing, Bitcoin is almost four percent of the day, trading at $ 4,050. Looking at his weekly chart, the current price is below Friday's high of nearly $ 4,200; but the cryptocurrency still trades significantly from $ 3294, the point at which it began this week.
Bitcoin 7-day price chart. Source: CoinMarketCap
Ripple (XRP) – the second largest cryptocurrency by market capitalization – gained over five percent during the day, trading at $ 0.374 as of press time.
On the weekly chart, the current price is significantly higher than $ 0.292, the price at which XRP started the week. However, the current price is slightly lower than the $ 0.389 maximum reached on Wednesday.
7 days price chart ripple. Source: CoinMarketCap
Ethereum (ETH) remains the third largest cryptocurrency by market capitalization, with an increase of 15 percent in the last 24 hours. At press time, ETH is trading at $ 128, having started the day at $ 111 and touching an intra day high of $ 133.
On the weekly chart, the current price is significantly higher than $ 87, which was the value of ETH on Monday.
7-day chart of Ethereum. Source: CoinMarketCap
Among the first 20 cryptocurrencies, some report more significant growth rates. That is to say, NEO has gained 12 percent, and EOS is also almost 12 percent. Cardano (ADA), Litecoin (LTC), IOTA and Ethereum Classic (ETC) are almost 10% more.
The combined market capitalization of all cryptocurrencies rose to over $ 135 billion at the time of printing. This places the current market capitalization near its weekly high of over $ 137 billion, after starting the week for only $ 104 billion.
As Cointelegraph recently revealed, Ethereum's co-founder, Joseph Lubin, said on Twitter that he is "calling the 2018 criptobottom". He also added that from his point of view "the future looks very bright".
Earlier this week, two members of the United States Congress introduced a bipartisan bill titled "Token Taxonomy Act", which proposes to exclude cryptographic assets from being considered titles.
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