According to a recent analysis of the crypto charts, all of the top twenty digital assets have seen moderate gains. This report was observed on the 23 of December with the price of Bitcoin (BTC) going above the $4,000 barrier, according to data collected by CoinMarketCap. As of the time this content was published the Bitcoin (BTC) price was up by nearly 4% today at the $4,050 area. When we look critically at the charts we can see that Bitcoin’s (BTC) current price is actually lower than what was recorded this past Friday (when the digital token attained a high of $4,200 in a market overtaken by bearish sentiment).
Bitcoin’s Price Still Significantly Higher Than the $3,294 Level it Opened the Week
With Despite a slight drop in prices between Friday and today from $4,200 to $4,050, Bitcoin’s present price of $4050 is still significantly above the $3,294 price it traded with at the start of this week. Besides Bitcoin seeing a rise in process others among the top twenty digital assets have also started seeing slight gains. One of these tokens is XRP. XRP is now the second largest digital asset by market cap since it overtook Ethereum (ETH) sometime this year. Ripple’s XRP token has reportedly gained about 5% on the day to trade at the $0.374 level as of the time this content was published.
Seven Day Weekly Chart of XRP/USD Shows the Token Trading Significantly Higher Than $0.292 USD
XRP much like Bitcoin (BTC) is now trading ($0.374) significantly higher than its week opening price via the weekly chart of the XRP/USD pair. The token started the week trading at the $0.292 barrier now it is trading at $0.374. Note that the current price of XRP at $0.374 is also lower than the $0.389 high it attained last Wednesday.
After been displaced by XRP on the top three, Ethereum (ETH) remains the third most valuable cryptocurrency by market capitalization. The digital token has seen an impressive 15% increase in value in just 24 hours to trade at $128 as of press time. The token opened trade today at $111 and went to record an intra trade day high of $133 before consolidating at $128 as of the time this content was published. Via the weekly chart of the ETH/USD pair shows that the token is trading significantly higher than the $87 it opened the week with.
NEO, EOS, Cardano, Litecoin and Others Showing Significant Growth Rates
Among the crypto that make the top 20, several are reporting significant growth rates. NEO has gained 12% via the weekly chart. EOS is up by 12%. Cardano (ADA), IOTA, Litecoin (LTC), and Ethereum Classic (ETC) are up by 10% The overall market cap of all digital currencies has increased to $135 billion as of the time this content was published. This places the market cap near $137 billion, having started this week at $104 billion.
Bitcoin (BTC) Price Today – BTC / USD
As per a report by Cointelegraph, Ethereum’s co-founder Joseph Lubin, declared via his Twitter page that he is “calling a cryptobottom of 2018.” Adding that from his point of view “the future looks bright for digital assets.”