The cryptocurrency markets continued their black return on December 24, when Ethereum (ETH) and Ripple (XRP) took turns giving Christmas present to altcoin investors.
Market display from Coin360
Cointelegraph and Coin360 price tracker data show a return to the top twenty cryptographic assets by market capitalization, ETH / USD gaining almost 17% in the last 24 hours and XRP / USD up 15%.
Prices on the major stock exchanges registered $ 149 and $ 0.42 respectively for ETH and XRP.
Ethereum 7-day price table. Source: Cointelegraph Ethereum Price Index
7 days price chart ripple. Source: Cointelegraph & # 39; s Ripple Price Index
The two major altcoins seem to follow in the footsteps of Bitcoin Cash (BCH), which in the last few days has almost tripled in the value of the USD.
ETH and BCH have both recently recorded mediocre results, falling last week to the 18-month low of $ 73 in the case of ETH / USD and historic lows of $ 80 in the case of BCH / USD.
Chart of prices in 7 days of Bitcoin Cash. Source: Cointelegraph Bitcoin Cash Prices Index
While the rise of Ethereum was not immediately attributed to a specific factor, XRP had apparently reacted in minutes to news that the cryptocurrency Binance was launching two trading pairs using the currency as the base currency.
Meanwhile, before raising the price of PF, Justin Sun, CEO of the blockchain competitor platform TRON (TRX), publicly manifested his lack of trust in Ethereum, stating that he was "imploding slowly" along with ConsenSys, a project created by Ethereum co-founder Joseph Lubin announced mass layoffs last week.
"The 60% layoff and the 90% price drop are just beginning," he wrote chirping, urging traders not to "go down with the ship".
The 24-hour TRON earnings have so far reached an average of 8.15%.
At the time of printing, Bitcoin (BTC) / USD maintained a steadily rising trajectory, gaining 3% on the day to maximize weekly earnings by almost 28%.
Bitcoin 7-day price chart. Source: Cointelegraph bitcoin price index
The biggest cryptocurrency has managed to stay above $ 4,000 support since last Saturday.
On Thursday, the Bitcoin network published the highest daily volumes ever in its history at 2,266,735 BTC ($ 9.54 billion), showed a search.