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Crypto market overview: Bulls creep back in after a string of bearish days

  • Friday turned out to be a bullish day for the majority of the market.
  • The markets have had a generally bearish start this Saturday.

The crypto markets mostly enjoyed a bullish Friday, following a series of bearish days. Currently, the cryptos have had a bearish start to Saturday. 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 down from $11,812 to $11,605 in the early hours of Saturday. During Friday, BTC/USD went up from $11,365 to $11,812
  • Ethereum: ETH/USD went down from $275.65 to $271.75 in the early hours of Saturday. Before this, ETH/USD went up from $268.70 to $275.50 this Friday.
  • Ripple: This Saturday, the price fell from $0.344 to $0.337. Friday was bullish for Ripple, wherein the price went up from $0.329 to $0.344.

Biggest winners and losers

  • Chainlink (LINK) went up by 16.16% and is priced at $3.20.
  • Stellar (XLM) went up by 11.97% and is priced at $0.098.
  • Monero (XMR) went up by 9.96% and is priced at $96.10.
     

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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