The cryptocurrency market has continued its recent rise and has now added $ 7 billion in the last 24 hours. The total capitalization of the cryptocurrency yesterday was $ 230 billion, but with the rise of Bitcoin and others, market capitalization now stands at $ 237 billion.
The volume of daily trade has meanwhile increased by over a billion dollars, from $ 12 billion to yesterday it now exceeds $ 13 billion.
Bitcoin price analysis
The price of Bitcoin has risen by almost 3% in the last 24 hours. The leading cryptocurrency was trading at $ 7,076 yesterday, but rose to trade at $ 7,253.
Michael Moro, CEO of Genesis Trading and Genesis Capital, is of the opinion that the stable market reaction to last week's ETF waste has played an important role pushing the price beyond the $ 7.100 mark.
The 24-hour volume meanwhile fell to $ 4.3 billion in the last few hours despite the price increase.
Bitcoin earned 5% against US dollars over the past five days. It was trading at $ 6,897 five days ago, but it had a random business pattern throughout the week.
Ethereum Price Analysis
Ethereum continued its rise as it attempted to close the $ 300 bill. ETH earned almost 4% in the last 24 hours, rising from $ 286 to $ 297 for money. There was no obvious catalyst for this increase as it participated in the widest market increase.
Daily trading volume rose to $ 1.5 billion after slipping to $ 1.3 billion yesterday
Against US dollars, ETH earned 5, 6% in the last five days. It was trading at $ 284 five days ago, with a minimum of $ 274 and a maximum of $ 301 during the week.
Ripple Price Analysis
Ripple gained 2.7% in the last 24 hours, rising from $ 0.34 yesterday to today standing at $ 0.35. Ripple was overlooked by Time Money Transfer for Stellar but this did not affect the rise of the cryptocurrency.
The daily trading volume of XRP has risen to $ 284 million in the last hours. Yesterday's trading volume was $ 220 million and rose while the price also rose
Against US dollars, Ripple gained 3.2% in the last five days. The cryptocurrency was trading at $ 0.33 a few days ago, but experienced mixed trading that hit a minimum of $ 0.32 and a maximum of $ 0.35 during the week.
Against BTC it has lost 2.7% in the last five days.
EOS Price Analysis
Unlike other leading cryptocurrencies, EOS has lost some of its value in the last 24 hours. It was traded yesterday at 6,66 dollars, but now it has fallen to 6,62 dollars. The daily trading volume also fell in the last 24 hours, from $ 924 million to $ 832 million.
Despite the recent recession, EOS has gained 23% over the last five days compared to US dollars. It was trading at $ 5.3 five days ago, but undertook a bullish run that saw it reach $ 6.7 per currency. Against BTC, it has risen 16% in the last five days.
Litecoin price analysis
Among the reviewed cryptocurrencies, Litecoin was the biggest winner. Bitcoin's sister currency has increased more than 4% in the last 24 hours, rising from $ 64 per hour to $ 66 per LTC.
Trade volume also increased by over $ 10 million. The LTC 24-hour trading volume yesterday was $ 289 million, but has now risen to $ 301 million.
LTC has increased by 9% compared to US dollars over the last five days. It was trading at $ 60 five days ago, but has now increased to $ 66. It has also posted gains against BTC, increasing by 3.29% over the last five days.