The total cryptocurrency market has remained virtually unchanged over the past 24 hours, with only $ 260 million added to market capitalization
Total trading volume also increased from $ 11.1 billion yesterday to its current volume of $ 12.3 billion.
The US investment bank Goldman Sachs revealed yesterday that it will offer crypto-custody services to its customers.
This is good news for the entire cryptocurrency market and comes within a few days of NYSE, Microsoft, and Starbucks.
The market has not yet reacted to these positive sentiments, however, with the overall market capitalization of around $ 254 billion.
Bitcoin price analysis
The slight increase in the volume of trade was caused by an increase in the individual volumes of the exchange of cryptocurrencies.
The bitcoin price was trading at $ 6.994 24 hours ago but rose more than 2% to trade at $ 7.101 at the time of printing, recording some solid gains.
The daily trade volume meanwhile is just over $ 4 billion at the moment, which is higher than the $ 3.7 billion recorded yesterday.
In the last 7 days, the price of Bitcoin has lost about 12.5% of its value. And it was traded around the $ 8,100 mark. It has dropped and is currently trading slightly above $ 7,000 despite the multitude of good news coming out of the industry.
Price Analysis of Ethereum
The price of Ethereum has been stable over the last 24 hours. It was trading at $ 408.98 24 hours ago, but has slightly decreased and currently trades at $ 405.
Trading volume also rose during this period by almost $ 30 million. There is nothing that goes very well with Ethereum but the sister coin Ethereum has been listed on Robinhood and on Coinbase just a few hours from now.
Following the price movement of Bitcoin, Ethereum lost 8.75% of its value in the last 7 days. It was trading at $ 477.70 a week ago, but it plummeted towards the end of last week and currently trades at $ 405.
Undulation price analysis
The third largest cryptocurrency has a & # 39; mixed analysis. The price of money has decreased by 3.11% in the last 24 hours. It was trading at $ 0.428 per coin yesterday but currently stands at $ 0.40.
Trading meanwhile has increased during this time period. Trading volume was $ 194 million 24 hours ago, but at press time amounts to $ 254 million.
Former US president, Bill Clinton, will be the keynote speaker at the Ripple & # 39; s Swell conference. Ripple has also collaborated with singer Madonna to help raise funds for orphans in Malawi. However, none of these positively influenced the price of XRP.
It was trading at $ 0.43 a week ago and posted gains on Friday to reach $ 0.44. Since then it has been in decline.
EOS Price Analysis
The EOS price has risen by 1% in the last 24 hours. The cryptocurrency that was trading at $ 7.01 is now trading at $ 7.07, after hitting $ 7.10 shortly before today.
The 24-hour trading volume has dropped slightly by $ 470 million, compared to $ 482 million yesterday.
7 days, the EOS price lost about 3.6% of its value. It was trading at $ 7.31 a week ago, reaching a weekly high of $ 7.35 before falling below the $ 7. mark
Litecoin's price analysis
Litecoin's price is slightly rose to $ 74.71, compared to $ 74.58 traded yesterday.
Trade volume however remained flat at $ 267 million in the last 24 hours. In the last 7 days, Litecoin has lost 6.5% of its value. It was trading at $ 79.95 a week ago, but has now fallen to the current level of $ 74.71.