Cryptographic update: Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS and Stellar mixed. Where next?



There have been another 24 hours of mixed exchanges for the cryptography market.

The general market appears to be in a tight phase right now as traders await the next big market catalyst.

This left the entire market value approximately flat compared to yesterday at around 237.6 billion US dollars according to Coin Market Cap.

Here is the status of the work Tuesday morning:

The Bitcoin (The price of BTC has risen 0.2% in the last 24 hours to $ 7.291.56 USD per currency This small gain has brought the market capitalization of the largest cryptocurrency in the world to just under US $ 125.8 billion Although the short interest in Bitcoin is on the rise, it has so far failed to drag its lowest price.

The price of Ethereum (ETH) fell by 1% during the period at $ 290.62 This decline has reduced the market capitalization of Ethereum to just under $ 29.6 billion During the night, Google has added Ethereum to its big data analytics platform, BigQuery. [19659003] The price Ripple (XRP) collapsed of 1.5% from yesterday to 33.69 US cents. This leaves XRP with a market capitalization of less than US $ 13.6 billion. Some experts say that technical analysis indicates that Ripple will test its support level of 32 US cents in the near future.

Price Bitcoin Cash (BCH) decreased by 1.2% in the last 24 hours to $ 629.75, reducing the market capitalization to $ 10.9 billion . The spin-off of Bitcoin has returned some of the strong gains obtained after its successful stress test.

The price EOS (EOS) increased by 0.1% in the period up to $ 6.53 per token, improving its market capitalization to $ 5.9 billion.

Outside the first five things were equally mixed. Stellar (XLM) and Tether (USDT) have lower margins, while Litecoin (LTC), Cardano (ADA) and Monero (XMR) pushed higher. This last coin has been very successful and has gained 10.5% more in the last 24 hours.

Where are the next prices?

Right now I feel bulls and bears are struggling for control. If it is a positive catalyst, I could see Bitcoin pushing back towards the US $ 8,000 mark and dragging its peers for the race. But if you open a negative catalyst, prices could go from the other side quickly. For this reason, I plan to keep the safety of collateral activities for the time being.


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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