Daily price analysis 21/08: Bitcoin, Ethereum, Ripple, EOS, Litecoin | Crypto Gazette – Daily Crypto News, articles and tips


The cryptocurrency market has lost $ 5 billion in the last 24 hours, from $ 214 billion to $ 209 billion. This decline comes despite the gains recorded by Tezos in the last 24 hours.

The total volume of trade also fell to $ 11 billion from the $ 12 billion recorded yesterday.

Bitcoin Price Analysis

The Bitcoin price is still trading above the $ 6.400 mark. It was trading at 6,469 dollars yesterday and trading around that brand. The BTC price is currently at $ 6,421. The Bitcoin domain is still over 50% because the total capitalization of Bitcoin is $ 110 billion.

Daily trading volume increased by $ 200 million, from $ 3.5 billion to $ 3.7 billion.

A week ago, Bitcoin was trading at $ 6.007, but it gained 6.4% in the last seven days, trading at $ 6.421. During the week, the price of BTC exceeded $ 6,600.

Ethereum Price Analysis

The second largest cryptocurrency continues its decline after it failed to maintain support for $ 300. The cryptocurrency was trading at $ 291 yesterday, but lost 6% of its value to trade at $ 280.

Just like the price, the 24 hour trade volume of the Eth also declined. The daily volume of trade was $ 1.5 billion, but has since fallen to $ 1.3 billion. There are expectations that the price will rise soon beyond its current level.

A look at the weekly chart of Ethereum shows that the currency gained 3.6% in the last week. It traded at $ 269 a week ago, with peaks of over $ 300 recorded during the week.

Analysis of the prices of undulations

The XRP has been trading crosswise in the last 24 hours. The cross-border payment cryptocurrency was traded around the $ 0.33 level on the last day. The cryptocurrency is currently down 2% against US dollars, while the broader market slides.

The volume of daily trade has meanwhile declined massively from $ 2365 million to $ 301 million.

one week, XRP rose by 13%. It was trading at $ 0.26 a week ago, but rose now trading at $ 0.33, after recording a weekly high at $ 0.37 during the week.

EOS Price Analysis

The coin nicknamed Chinese Ethereum was one of the biggest losers among the major cryptocurrencies. It has lost almost 7% of its value in the last 24 hours. It traded at $ 5.21 yesterday, but has now dropped to $ 4.85.

This decline comes despite China having again classified EOS as the main public blockchain.

The daily trading volume of EOS was a success alongside the price. It slipped $ 300 million, from $ 760 million to $ 460 million in the last 24 hours.

EOS has gained 9.3% in the last seven days. It was trading at $ 4.40 a week ago, but has now stabilized at $ 4.85 after reaching $ 5.50 during the week.

Litecoin price analysis

Litecoin followed the others in the losses recorded in the last 24 hours. LTC lost 3% of its value on the last day, rising from $ 57 to $ 55.

Daily trading volume increased for the second day in a row, from $ 228 million to $ 234 million.

[19659002] The weekly LTC chart shows that the currency has gained 7.2% in the last seven days. He was trading at $ 51 a week ago, but is now trading at $ 55.

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