Daily price analysis 16/08: Bitcoin, Ethereum, Ripple, EOS, Litecoin | Crypto Gazette – Daily Crypto News, articles and tips


The total capitalization of cryptocurrency has lost $ 1 billion in the last 24 hours. Yesterday, the total market capitalization was $ 207 billion, but fell slightly to $ 206 billion in the last few hours.

The 24-hour trading volume has meanwhile remained steady at $ 13 billion during this period, with the market more or less lateral trading.

Bitcoin price analysis

The price of Bitcoin has also been traded sideways in the last 24 hours. Without significant news to move prices higher, the major cryptocurrency was traded between $ 6,300 and $ 6,400. It is currently trading at $ 6.411

The 24-hour trading volume has increased by $ 200 million. Yesterday, the daily trading volume of BTC was $ 4.4 billion, but now amounts to $ 4.6 billion.

The weekly chart of BTC also shows that the currency was traded mainly between the $ 6,300 region and the $ 6,400 region, with light peaks above the $ 6,500.

Price Analysis of Ethereum

Ethereum Price has added nearly 3% in the last 24 hours. The second largest cryptocurrency was trading at $ 288 per coin yesterday, but has now risen to $ 290. Ethereum's sister medal, Ethereum is pumping its share on Coinbase.

The daily trading volume of Ethereum has declined, however, from $ 2 billion to $ 1.7 billion in the last 24 hours.

Recent price recovery, the ETH price is still 19% down in the last seven days. ETH was trading at $ 361 a week ago, but fell to the current $ 290.

Ripple Price Analysis

Payment-based cryptocurrency remained stagnant at $ 0.288 in the last 24 hours. The market has been rather stable, which has led some cryptocurrencies to record low gains or losses.

The volume of 24-hour XRP trades fell from $ 279 million to $ 272 million. This, however, did not have much influence on the price.

The XRP lost 17.6% of its value in the last week. A look at his weekly chart shows that the currency was trading at $ 0.34, but is currently trading at $ 0.28

EOS Price Analysis

EOS started trading at $ 4.72 after reaching yesterday a peak of $ 4.91. The price of the DApp cryptocurrency and smart contract was traded sideways without significant losses or winnings.

24-hour trading volume rose to $ 650 million after reaching $ 616 million yesterday

The fifth largest cryptocurrency by market capitalization has lost 17% of its value in last seven days. It was trading at $ 5.62 a week ago, but it slipped to $ 4.72 during that time period.

Litecoin price analysis

As EOS discussed above, the price of Litecoin remained stable at the price of $ 56. The 24-hour trading volume meanwhile fell from $ 266 million to its current volume of $ 229 million.

Bitcoin's sister coin has lost 8% of its value in the last seven days. It traded at $ 62 a week ago, but fell to the current $ 56, with jumps below the one in the middle.




[ad_2]Source link