Daily price analysis 20/08: Bitcoin, Ethereum, Ripple, EOS, Litecoin | Crypto Gazette – Daily Crypto News, articles and tips


The cryptocurrency market earned $ 2 billion in the last 24 hours, from $ 212 billion to $ 214 billion.

The rise derives from tokens like VeChain, Nano, Tezos and other gains recorded in the last hours [19659002] The daily trading volume still stands at $ 12 billion, with gains recorded by some cryptocurrencies canceled by others.

Bitcoin price analysis

The price of Bitcoin has risen by 1% compared to US dollars to trade at 6,469 dollars. The price of the main cryptocurrency continues to trade around the region of $ 6,500 without major news to cause a dip or a surge.

Bitcoin's daily trading volume remained steady at around $ 3.5 billion despite the bitcoin price slightly rising in the last 24 hours

A look at the Bitcoin weekly chart shows that the cryptocurrency was traded between the $ 6,300 and $ 6,500 regions in the last week, with a slight drop below $ 6,000 during the week. [19659004] Price Analysis of Ethereum

The second largest cryptocurrency has slipped by more than 2.5% in the last 24 hours. ETH was trading at $ 298 yesterday but has now dropped to $ 291. The cryptocurrency can not sustain $ 300 and has continued to fall.

The daily trading volume also remained stagnant at $ 1.5 billion. In the last week, the price of Ethereum lost around 10% of its value. It traded at $ 322 a week ago, but is now trading at $ 291 after slipping to $ 255 during the week.

Analysis of the prices of undulations

The XRP has been trading sideways in the last 24 hours. The cross-border payment cryptocurrency was traded around the $ 0.33 level on the last day. The cryptocurrency has not recorded any gains despite the news that Ripple intends to expand its business in China.

The 24-hour trading volume has meanwhile increased significantly from $ 322 million to $ 365 million. In the last week, XRP has increased by 9%. It was trading at $ 0.30 a week ago, but rose now trading at $ 0.33, after recording a weekly high at $ 0.37 during the week.

EOS Price Analysis

Like Ripple, EOS has declined in the last 24 hours. It was trading at $ 5.21 yesterday but has now dropped to $ 5.10.

The 24-hour trading volume has meanwhile increased from $ 643 million to $ 760 million. The increase in trading volume, however, did not result in an increase in the price of cryptocurrency.

The EOS was trading at $ 5.16 a week ago, but has now fallen to $ 5.10. The currency recorded some expert dives below $ 5 and highs above $ 5.55 before settling at the current price of $ 5.10.

Litecoin price analysis

Litecoin has lost 2.7% of its value in the last 24 hours. It traded at $ 57 yesterday but has plummeted to $ 57. The volume of daily trading has now increased from $ 221 million to $ 228 million.

The seventh largest cryptocurrency has lost 8.3% in the last seven days. LTC was trading above $ 60 a week ago, but has since moved on to its current $ 55 per coin.

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