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.

Rajarshi Mitra Independent Analyst

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

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.

Markets move fast. We move first.

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

Editor's Picks

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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.

Legal Text

Markets move fast. We move first.

Editor's Picks