|

Crypto market overview: Bitcoin suddenly jumps up, the rest follow suit

  • BTC/USD is currently trading for $10,675.
  • Neo was the biggest winner of the day with a 20% jump in price.

The bulls took the market by the scruff of its and pulled it up this Thursday. Several coins, including the top three, made significant gains this Thursday. Let’s take a closer look at how the top three did and then reveal the biggest winners and losers of the day, among the top 20 coins.

Top three coins

  • Bitcoin: After BTC/USD dropped to $9,430 this Tuesday, the bulls have stepped in and shoved the price back above $10,600. BTC/USD is currently priced at $10,675. It went up from $9,465 to $10,250 in just 15 mins  this Thursday,
  • Ethereum: ETH/USD went up from $211.65 to $228.25 this Thursday. Over the course of the last two days, ETH/USD has made up for the losses it suffered this Tuesday.
  • Ripple: XRP/USD went up from $0.311 to $0.322 this Thursday, going up by 3.6%. 

Biggest winners and losers (top 20 coins)

  • Neo (NEO) went up by 20% and is currently trading for $13.14.
  • Litecoin (LTC) went up by 12.55% and is priced at $102.
  • TRON (TRX) spiked by 12.45% and is trading for $0.026.
     

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.

More from Rajarshi Mitra
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

BNB, formerly known as Binance Coin, continues to trade down around $855 at the time of writing on Tuesday, after a slight decline the previous day. Bearish sentiment further strengthens as BNB’s on-chain and derivatives data show rising retail activity.

Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

Aster, Midnight, and Ethena are the altcoins with the most losses over the last 24 hours, as the broader cryptocurrency market weakens amid Bitcoin dropping below $86,000. ASTER, NIGHT, and ENA risk further losses as selling pressure mounts and risk-off sentiment spreads across the crypto market.

Ethereum Price Forecast: BitMine acquires 102,259 ETH as price plunges 5%

Ethereum (ETH) treasury company BitMine Immersion scaled up its digital asset stash last week after acquiring 102,259 ETH since its last update. The purchase has increased the company's holdings to 3.96 million ETH, worth about $11.82 billion at the time of publication.

Strategy scoops about $1 billion in Bitcoin for second consecutive week

Bitcoin (BTC) treasury and financial intelligence firm Strategy expanded its holdings following another round of weekly accumulation.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.