Crypto Update: Bitcoin continues to push higher, Ethereum, Ripple and Bitcoin Cash sink

Twenty additional hours of reasonably mixed trading for the encrypted market. Although there have been earnings for the price of Bitcoin (BTC), many of the higher alt coins are now falling further.

This limited the market gain in the period to 0.75%, increasing its value to US $ 239.4 billion according to Coin Market Cap.

Here is the progress of the works on Wednesday morning:

The price of the Bitcoin has increased by 1% in the last 24 hours to $ 7,367.94 USD per currency, raising the market capitalization of the giant crypto to almost US $ 127.1 billion. Traders appear to be cautiously optimistic about another US security and exchange meeting at the end of the month to discuss whether to grant approval for a fund traded in Bitcoin (ETF). However, it is worth noting that experts believe that the Intercontinental Exchange plans, owned by the NYSE, to launch a bitcoin ETF on 5 November could be the ones to keep an eye on.

The Ethereum (ETH) the price fell 1.5% from yesterday to 286.47 US dollars per token, reducing the market capitalization to 29.15 billion US dollars .

The price Ripple (XRP) decreased by 1.2% in the period to 33.33 US cents, leaving it with a market capitalization of US $ 13.2 billion.

The price Bitcoin Cash (BCH) fell 0.5% in the last 24 hours to $ 626.98. This decline leaves BCH's market capitalization at just under $ 10.9 billion.

The price EOS (EOS) fell 0.1% from yesterday to US $ 6.51 per token, reducing the market capitalization to $ 5.9 billion.

The good news for cryptocurrency traders is that outside of the top five things it was much more positive.

The price Stellar (XLM) rose 5% to 23.44 US cents, Litecoin (LTC) the price rose by 4.2% to $ 68.40, Tether (USDT) was flat at 99.86 cents, Cardano (ADA) rose 1.5% to 10.6 cents of US $, and the price Monero (XMR) pushed a further 2% higher at US $ 137.28.


Motley Fool contributor James Mickleboro has no position in any of the titles mentioned. Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all have the same opinions, but we are all convinced that, considering a diversified range of insights, we have become better investors. Motley Fool has a disclosure policy. This article contains only general investment advice (with AFSL 400691). Authorized by Scott Phillips.

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