Leading twenty cryptocurrencies have reported mild and mixed price movements as the day unfolds. As this continues, Bitcoin has risen past $4,100. Earlier in the day, BTC had witnessed almost no price movement. But as the day continued, it was able to go past $4,000, which it had stayed at for some time.
It is also important to note that the current price is more than 2% lower than its value about a week ago. Bitcoin is currently sitting at $4,108.71. it has managed to add 0.92% over the last couple of hours.
How The Market Looks
It is not only Bitcoin that the focus has been on, there are other cryptos that have also recorded some changes. Ethereum is one of such crypto coins. In terms of the market price, Ethereum is the largest altcoin. For some time now, the altcoin has clung to its previous position. It has a market capitalization of close to $14.9 billion.
Based on the latest ranking, Ripple is the second largest altcoin. It has a total market capitalization of about $12.9 billion. Together with Bitcoin, these are some of the key industry players. The past 24 hours has, however, been not so bad to this trio. Their improvements seem to tell a lot about the nature of the market.
Most Notable Price Movements
Tezos (XTZ) is the crypto that has reported the most notable price movement in the list of the top 20. It has been able to go up by close to 16%. In the past one week, the value of this coin has witnessed a big growth of 56%. This can be greatly attributed to the coin’s protocol developments.
Dash is the other one that has reported notable improvements. It has improved by 7% over the past 24 hours. Litecoin is also not left behind. In the year’s first three months, its price has doubled from 30% to 60%.
Ethereum And Ripple’s Marketing Trading
As of today, Ethereum had also witnessed some little changes. It has declined in price by a fraction of a percent within the last 24 hours. This second largest altcoin is currently trading at $141. It can be remembered that it began off its day trading at nearly that same price. Looking at its weekly chart, things seem to be moving on well. It has recorded a value increase in the whole week. The value has gone up by close to 3%.
Ripple’s XRP has also been represented in the top twenty crypto list this week. Over the past 24 hours, this altcoin has lost about 1%. This second largest altcoin in terms of market cap is currently trading at $0.309. The weekly chart of this coin has more details. It shows that the current price is almost the same to the one it began with seven days ago.
At the beginning of the week, there were some good news on the side of Ripple. It was reported that the Federal Bank of India has partnered with XRP to use its network for cross-border transactions.