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Thursday 20 December – the cryptography markets are seeing their fifth green day, with almost all the top 20 cryptocurrencies showing strong growth, as shown by Coin360 data.
Viewing the Coin360 market
In terms of 24-hour growth, the fourth largest cryptocurrency Bitcoin Cash (BCH) increased earlier than other businesses, with an astonishing 36% peaking at $ 165 at the time of the press. Today marks the third day of the currency with a double-digit growth and the fifth day in the green. With a growth of 7 days higher than 80 percent, the currency still remains close to 50 percent compared to its monthly chart.
Chart of prices in 7 days of Bitcoin Cash. Source: Cointelegraph Bitcoin Cash Prices Index.
The newly listed Bitcoin SV (BSV), currently ranked in the 9th largest cryptocurrency, also experienced significant volatility, with a 13% increase of around $ 102, according to CoinMarketCap data.
The largest bitcoin cryptocurrency (BTC) rebounded to trade around $ 4,100, up 6% solid on the day and nearly $ 1,000 more than the intraweek low of $ 3,185, December 14th. The best currency is today on its fifth day of green, in reverse a protracted downtrend recession.
Historical data on bitcoin prices, December 13th – December 20th. Source: Cointelegraph bitcoin price index.
In the week, Bitcoin has increased by almost 22%; monthly losses still remain close to 27%.
According to Crypto by market capitalization, Ripple (XRP) increased by half a half percent a day, trading at around $ 0.38 as of press time, according to Cointelegraph's ripple price index. Nevertheless, cumulative resource fortunes during the week brought the 7-day chart to a strong 29 percent in the green. Ripple's monthly chart remains solidly red, indicating a loss of just over 20 percent.
7 days price chart ripple. Source: Cointelegraph & # 39; s Ripple Price Index.
Ethereum (ETH) – ranked third crypto by market capitalization – has comfortably recovered its three-figure value, trading at $ 111 and up to about 5% in the 24 hours at the time of printing. Like Bitcoin, Altcoin is now witnessing its fifth day of solid growth, after falling to a low of around $ 82 on December 14th.
While Ethereum is now close to 22 percent on its weekly chart, it remains down 28 percent over the month.
Ethereum 7-day price table. Source: Cointelegraph Ethereum Price Index
All the remaining top ten on CoinMarketCap are in the green – although growth is more moderate, with Litecoin (LTC) up 4.6% to nearly $ 32.50 and Stellar (XLM) up 2% to $ 0, 12.
The coins remaining in the top 20 by market capitalization are seeing growth of between 2% and 6%. Ethereum Classic (ETC) is the strongest performer, almost 6% to $ 4.76.
Altcoin-focused privacy Monero (XMR) and ZCash (ZEC) increased by 4.5%, to $ 51.73 and $ 63.51 at the time of printing.
Waves (WAVES) is the only twenty crypto in red, down 2.5 percent to $ 4.14, after bullish funding and development news peaked at over 30 percent yesterday.
The total market capitalization of all cryptocurrencies is about $ 132.2 billion from the time of the press, up by more than $ 30 billion from a midweek minimum of $ 101.16 billion on December 14th.
Weekly chart of the total market capitalization of all CoinMarketCap cryptocurrencies
In an interview published yesterday, Changpeng Zhao, CEO and co-founder of the main exchange of cryptocurrencies Binance, defined 2018 a "year of correction" for cryptocurrencies. Despite recent medium-term bearish trends, Zhao, aka CZ, has expressed optimism for the future of the cryptography industry, arguing that strong development and new "real-use cases" will create a further adoption of cryptocurrency .
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