TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
Login
|

Crypto market overview:  BTC/USD fails to stay above $10,000, bulls slightly edge out the bears

  • Bitcoin (BTC/USD) reached a high of $10,200 before settling for $9,855.
  • Dash (DASH/USD) with a rise of 4.60% was the biggest winner among the top 20.
Crypto market overview:  BTC/USD fails to stay above $10,000, bulls slightly edge out the bears
Rajarshi MitraRajarshi MitraIndependent Analyst

Bitcoin managed to cross $10,000 for a while before the bears stepped in to correct the price to $9,855. 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: BTC/USD went up from $9,775 to $9,855,  after reaching a high of $10,200. Before this, BTC/USD had four straight bearish days where its price fell from $10,767 to $9,769.25
  • Ethereum: ETH/USD went up from $216.50 to $218.50 as Thursday came to a close. ETH/USD was able to have two bullish days in a row after three straight bearish days.
  • Ripple: XRP/USD went down from $0.317 to $0.313 this Thursday. Ripple has now had four bearish days out of the last five.

Biggest winners and losers (top 20 coins)

  • Dash (DASH/USD) with a rise of 4.60% was the biggest winner among the top 20 and is currently priced at $114.40.
  • Neo (NEO/USD) went up by 2.11% and is trading for $11.93.
  • TRON (TRX/USD) went down by 2.17% and was the biggest loser among the top 20. It is currently priced at $0.0229.
     

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

Cardano Price Forecast: Approaches critical support as correction risks grow

Cardano Price Forecast: Approaches critical support as correction risks grow

Cardano (ADA) recovers slightly, trading at $0.206 at the time of writing on Friday, inches above the critical support zone after losing more than 6% so far this week. Weakening derivatives data and fading bullish momentum suggest a bearish near-term outlook, with a decisive close below the support zone potentially triggering a deeper correction for ADA.
Crypto Overview: Bitcoin slips below $77,000 – Raydium, Falcon Finance hold gains

Crypto Overview: Bitcoin slips below $77,000 – Raydium, Falcon Finance hold gains

Bitcoin price trades below $77,000 on Friday, extending its capitulation from the previous week’s high at $82,300. Broader market consensus points to a higher likelihood that the US Federal Reserve could raise interest rates at the September meeting, as inflation concerns rise amid the war with Iran.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC pullback, ETH stalls, XRP weakens

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC pullback, ETH stalls, XRP weakens

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) remain under pressure on Friday as the broader cryptocurrency market extends its losses over 4%, 2.5% and 5%, respectively, this week.
Ethereum Price Forecast: ETH holds above $2,400 as PPI data strengthens rate hike expectations

Ethereum Price Forecast: ETH holds above $2,400 as PPI data strengthens rate hike expectations

Ethereum (ETH) is down 0.7% on Thursday as the second-largest cryptocurrency looks to recover from earlier pressure following the release of stronger US inflation data. The Producer Price Index (PPI) for final demand rose 0.4% in August, matching market expectations after a revised 0.1% increase in July, according to the US Labor Department.
Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.