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The cryptocurrency market earned $ 13 billion in the last 48 hours, with Bitcoin and other cryptocurrencies recording gains during that period. There was no great catalyst for the price movement as the market continues its recovery.
Trade volume also rose to $ 13 billion in the last 24 hours.
Bitcoin price analysis (BTC)
The price of Bitcoin has finally reached $ 7,000 despite the market dominance has fallen to 52%. The price of BTC has risen by 2% in the last 24 hours, from $ 6,932 to yesterday to $ 7,106.
The price increase comes despite Jordan Belfort, the wolf of Wall Street, stating that Bitcoin should not be in
The 24 hour trading volume has risen even in the last hours, rising from $ 4, 2 billion to yesterday to $ 4.5 billion.
A look at the Bitcoin weekly chart shows that cryptocurrency has gained around 6% in the last seven days. It was trading at $ 6,673 a week ago, but has since increased slowly until now trading at $ 7,106.
Ethereum Price Review (ETH)
Ethereum is looking to finally make a run for the $ 300 after an increase of about 3% in the last 24 hours. The second largest cryptocurrency was trading at $ 285 only yesterday but grew alongside the general market to trade at $ 293 per ether.
Tesla CEO Elon Musk has revealed that he wants to buy Ethereum even if it is a scam. This shows that Musk is impressed by the cryptocurrency and its platform.
The daily trading volume of ETH has increased by $ 200 million in the last 24 hours. Yesterday's daily trading volume was $ 1.3 billion, but now stands at $ 1.5 billion after the price hike
Over the past seven days, Ethereum has recovered 3% of its value. It traded at $ 284 a week ago, but has now risen to $ 295 despite a decline to $ 270 during the week.
Ripple price analysis (XRP)
The XRP has increased by 2% in the last 24 hours. It was trading at $ 0.342 yesterday but participated in the market growth to trade at $ 0.348.
24-hour trading volume has also increased in the last hours. Yesterday's daily trading volume was $ 308 million, but has now risen to $ 316 million.
In the last week, XRP witnessed a random business scheme. It has been trading between $ 0.34 and $ 0.35 in the last seven days. However, it has stabilized at $ 0.34 in the last few hours.
EOS Price Analysis
EOS was the biggest winner among the major cryptocurrencies. It has increased by over 15% in the last hours. It was trading yesterday at $ 5.37, but has now risen to $ 6.20.
The increase in prices has led to a massive increase in the volume of EOS exchanges. The 24-hour trading volume yesterday was $ 471 million, but rose almost $ 300 million to $ 731 million.
EOS has experienced a steady increase over the last seven days. It was trading at $ 5.06 a week ago and has continued to rise and is now trading above the $ 6.
Litecoin (LTC)
price analysis Litecoin was the second biggest winner after EOS. The seventh largest cryptocurrency has increased by 5% in the last 24 hours. LTC traded at $ 60 yesterday but rose to $ 63 in the last few hours.
The founder of Litecoin, Charlie Lee, has revealed that he will not buy back any of his Litecoin.
Trade volume also increased slightly, from $ 231 million to yesterday to $ 245 million.
Litecoin has recovered 9.5% of its value in the last seven days. He was trading at $ 57 a week ago and was trading at that level before he started climbing higher two days ago.
