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Crypto market overview: Bitcoin, Ethereum and Ripple enter consolidation period

  • The top three coins are consolidating their price before a breakout.
  • Bitcoin SV price pumps by nearly 50%.
Crypto market overview: Bitcoin, Ethereum and Ripple enter consolidation period
Rajarshi MitraRajarshi MitraIndependent Analyst

The top three coins - Bitcoin, Ethereum and Ripple - had a very lazy day at the office this Wednesday. Their price is going through a consolidating period and it looks like they are all getting primed for a potential breakout. Apart from the top three, we will also look at the biggest movers of the day.

Top three coins

  • Bitcoin (BTC) went down from $8,720 to $8,660, charting a mere 0.69% decrease in price.
  • Ethereum (ETH) went down from $271.65 to $270.20, charting a 0.54% decrease in price.
  • Ripple (XRP) went down from $0.449 to $0.447, charting a 0.45% decrease in price.

Biggest winners and losers of the day

  • Bitcoin SV (BSV) went up by 49.31% and is currently priced at $181.20.
  • Neo (NEO) went up by 9.29% as the price spiked from $12.65 to $13.75.
  • IOTA (IOT) went up by 8.72% and is currently priced at $0.52.
     

Author

Rajarshi Mitra

Rajarshi Mitra

Independent Analyst

Rajarshi entered the blockchain space in 2016. He is a blockchain researcher who has worked for Blockgeeks and has done research work for several ICOs. He gets regularly invited to give talks on the blockchain technology and cryptocurrencies.

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