|

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:

Editor's Picks

Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin consolidating its losses above $62,000. Altcoins, including Ethereum and Ripple, are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty.

Cardano hits five-year low even as Hoskinson clarifies "break" isn't an exit

Cardano price is down 10% at press time on Friday, extending losses over 30% so far this week amid Charles Hoskinson's clarification that "break" isn't an exit. A reactionary spike in on-chain activity and social chatter, reflecting a strength of community, but fails to absorb the price decline.

Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

Arthur Hayes dumped his entire Zcash holdings on Friday, a day after selling his HYPE and NEAR holdings. Zcash is down 13% so far on Friday, extending the 26% drop from the previous day.

Bitcoin: After the bloodbath, everyone looks at $60,000
Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.