The cryptocurrency market added $ 3 billion in the last 24 hours, with the price of Bitcoin rising to $ 6,500 during this time period. The total capitalization of the encrypted market was $ 208 billion yesterday, but currently stands at $ 211 billion.
The USS SEC has announced that it will review the nine Bitcoin ETFs it had rejected on Wednesday. The market has not yet reacted, as prices were stagnant after the news of the refusal.
The volume of daily trade has meanwhile declined for the third day in a row, from $ 11 billion to $ 10 billion.
Bitcoin price analysis
Bitcoin's price has added 1.8% in the last 24 hours. BTC traded at 6,447 dollars yesterday, but now rose to trade at $ 6,553. The price did not react to the news that the SEC will review the ETFs rejected the day before.
The daily trading volume of Bitcoin has, however, decreased. The 24-hour trading volume yesterday was $ 3.9 billion, but has now slipped to $ 3.5 billion.
The price of Bitcoin was traded between $ 6,400 and $ 6,700 in a week, without significant increase or decrease in price
Ethereum price analysis
The second largest cryptocurrency has followed Bitcoin by recording small gains in the last 24 hours. ETH was trading yesterday at $ 275, but now rose to $ 276, adding 1.4% in the process.
The daily trading volume of Ethereum also fell from $ 1.3 billion to $ 1.2 billion despite the slight increase in trading prices.
A look at his weekly chart shows that ETH lost 8.3% if its value in the last week. It was trading at $ 300 a week ago, with a peak of $ 319 experienced during the week.
Ripple Price Analysis
Ripple added less than 1% but continues to trade at $ 0.32. The currency was trading at that price yesterday and it is still negotiating around that brand. For the fourth day, the volume of XRP trade decreased.
It rose from $ 238 million to yesterday to $ 215 million.
The weekly XRP chart shows that the cryptocurrency has been trading sideways compared to the past seven days. It was trading at $ 0.31 a week ago, with a maximum of $ 0.36 experienced during the week.
EOS Price Analysis
The fifth largest cryptocurrency was the biggest winner among the major cryptocurrencies. It has increased 3.7% in the last 24 hours, from $ 4.73 to $ 4.94. Daily trading volume also increased from $ 453 million to $ 479 million
The weekly chart like the others shows that it has been traded sideways in the last seven days. It recorded a maximum of $ 5.58 and a minimum of $ 4.60 during the week. Otherwise, it was trading around $ 4.90 for most of the week.
Litecoin Price Analysis
LTC is still trying to reach $ 57 after falling to $ 55 yesterday. Cryptocurrency has gained 2.5% in the last 24 hours and is currently trading at $ 56.99
Daily trading volume fell $ 22 million on the last day. The LTC 24-hour trading volume was $ 210 million yesterday, but has now fallen to $ 188 million.
LTC, just like the others, have stabilized in the last week. Litecoin has been trading between $ 55 and $ 57 in the last seven days, with only a significant move to $ 61 the highlight of the week.