Bitcoin, Ethereum & Ripple Price Analysis: BTC/USD Trades Hits $8,800 Level
BTC/USD 24h Price
After testing the $8,000 level last week, Bitcoin has further traversed yet other crucial marks including the $8,200, $8,500 and $8,800, as crypto whales take its charge. As we talk now, the BTC/USD is standing at around $8720 with a positive 24-hour change of more than 10.5% and the market cap of over $154.567 billion. The BTC dominance is at 57.4% and the entire market cap of more than 2200 cryptocurrencies is sitting at over $269.844 billion, as per CMC data.
Actually, based on the daily trading prices of Bitcoin, the flagship crypto seems to have gained significant traction. In just 24-hours, BTC has managed to trade at around $8,858.53 high and also managed to maintain trading above the $7,500 resistance level with $7,533.2 being its low trading price. However, other major digital assets such as Binance Coin ($34.57 2.01 percent), EOS ($6.95 10.1 percent), Litecoin ($113.81 12.63 percent), Bitcoin Cash ($433.32, 8.52 percent), Stellar Lumens ($0.1328, 6.08 percent), Tether ($1.01, 0.49 percent), etc. are all having bullish trade margins.
ETH/USD 24h Price Analysis
Ethereum, Bitcoin’s best rival is currently trading at around $267 with a green change of 7.4 percent, and the MC of over $28.376 billion and the daily volume of more than $10.722 billion. Ether has also managed to trade above $270 level in the last 24 hours, and it low trading has been $247.25, showing a positive and increasing interest of Ether in the market. Following the current price trends of Ether, the crypto might even trade beyond the $300 mark soon. The second crypto by market capitalization also wants to recover and set another record better than that of January 13, last year when it traded at around $1,432.
XRP/USD 24h Price Analysis
Ripple, the third crypto by MC globally, is also leaping big. At press time, XRP/USD is changing hands at almost $0.40799 with a positive 24h change of 6.91% and the market cap of over $17.183 billion, the daily trading volume of more than $2.19 billion. Ripple is also showing hopes that it will break the $0.45 and $0.5, and even trade further as it did on January 4, 2018, when it traded at $3.84 (all-time-high). The 24h high and low of Ripple is $0.416621 and $0.379447 respectively.
The top gainers of today are LINA which is trading at about $0.28568 with a uphill change of over 319% and MC of over $67.046 million, Crypto.com (MCO) trading at $7.08 (+29.13 percent and MC of $111.84 million) and Bitcoin SV which is changing hands at $115.03 (+27.36 percent, MC of $2.047 billion).