crypto market

RECENT CRYPTO MARKET MOVEMENTS

The crypto market is very shaky currently. As prices experience small erratic shifts, Bitcoin (BTC) price is sitting around USD 9,500.

Following a rapid decrease in price on July 28, the first crypto coin rose to USD 9,590 by 0.5 percent in twenty four hours. Bitcoin lost nearly 7 percent this week in price and 20 percent in a month.

The high of this year for the first cryptocurrency was USD 13,739 and, despite the current confusing price shifts, analysts are still hopeful about the future of Bitcoin price this year. The experts rely on the upcoming Bitcoin mining and its technicals.

The second biggest cryptocurrency, Ether (ETH), gained around 1.3 percent and, at the time of writing, is sitting at USD 212. On the weekend, Ether price, along with Bitcoin, dropped hitting USD 201. Even though the coin is slightly down by only 2.6 percent, in the last month, Ether experienced a drop of a whopping 35 percent.

Another top altcoin, XRP, shows price decreases as the weekly chart shows a fall of 3 percent and 27 percent on the monthly chart.

In the TOP 10 cryptocurrencies, Litecoin (LTC) and Bitcoin Cash (BCH) are green. On the other hand, Binance Coin (BNB), Tether (USDT), EOS, Bitcoin SV (BSV) and Stellar Lumens (XLM) are all red.

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