15th Dec., Sunday: The ‘top twenty‘ cryptocurrency market see moderate gains for today with almost all currencies in green colour. Bitcoin [BTC] shortly dipped below the $3,200 USD mark before regaining its present stand above its present price of $3,285.223 USD, at the reporting time.
The major cryptocurrency Bitcoin [BTC] started its day yesterday around at $3,229 USD, however gaining a mid-day high of $3,275 USD, it fell back to $3,232 USD, after touching its lowest mark of $3,191 USD earlier.
At press time, Bitcoin [BTC] has regaining its stand and is presently ‘0.63%’ higher over the last twenty four hours. On the weekly chart, Bitcoin’s worth within the past 2 days have been the lowest, down from its weekly peak of $3,600 USD.
The second largest cryptocurrency by market cap Ripple [XRP] is up by 0.61% for today. It started the day at $0.286 USD and is presently trading around $0.292 USD. On the weekly chart, the present worth is the lowest, just about a week past Ripple [XRP] was priced around ‘$0.32 USD‘.
Ethereum [ETH] remains at the 3rd ranked cryptocurrency by market cap, up by 2.15% for today. At the present time, ETH is priced at around ‘$86.83 USD‘. Seven days agone, Ethereum was priced at around $87 USD, then again shortly peaked at $98.90 USD on 9th Dec., before beginning a decline towards its present worth.
Among the top twenty cryptocurrencies, many coins are seeing a notable growth. Litecoin [LTC] is up by 7.2% for today while Bitcoin SV [BSV] is up by 7.87% for today. NEM [XEM] is solely the only cryptocurrency in the red zone for today and is 2.35% lower than yesterday.
As reported earlier this week, in line with a ‘report analysis‘, although crypto are decreasing, this year accounts for nearly double verified crypto users. A Bloomberg analysis stated that the expansion of crypto’s user base while markets are declining “could signal that an ultimate recovery may be coming back soon.”
The co-founder of cryptocurrency company Circle ‘Jeremy Allaire’, in a recent interview with CNBC said that within a time period of 3 years, “Bitcoin [BTC] will be priced at a great deal from now.”
Ethereum-based chat platform ‘Status’, has recently fired off one-fourth part of its workers due to the recent downfall in cryptocurrency prices. In an announcement, the startup’s co-founder aforementioned that Status is “much larger than we can sustain.”