Crypto market update: Bulls march back into the market after two straight days of bearish domination


  • Ethereum Classic and IOTA records double-digit profits after massively bullish day.
  • Stellar is the only coin among the top 20, which has recorded losses in the last 24 hours.

Following two straight bearish sessions, the bulls roared back violently. 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 $10,126.65 to $10,160 so far this Thursday. The bulls roared back after Bitcoin dropped below $10,000 to $9,750 during the day.
  • Ethereum: ETH/USD went up from $187.40 to $193 after reaching a low of $182.65. This bullish action followed two straight bearish days.
  • Ripple: XRP/USD bulls finally had some respite after three straight bearish days. During Thursday, the price went up from $0.266 to $0.272.

Biggest winners and losers (top 20 coins)

  • Ethereum Classic (ETC) was the biggest winner of the day with a 22.81% increase in price. It is currently trading for $7.36.
  • IOTA (IOT) went up by 11.35% and is trading for $0.266.
  • Stellar (XLM) was the only one among the top 20 to record any losses. It went down by 2.87% and is trading for $0.066.
     

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin price analysis: BTC/USD settles above $9,800, vulnerable to new losses

Bitcoin (BTC) managed to recover above $9,800 after a bloody crash towards $9.600 during early Asian hours. At the time of writing, the first digital asset is changing hands at $9,860, down 3.5% on a day-on-day basis.

More Bitcoin News

Ethereum (ETH) price analysis: ETH/USD stays above $200.00, bulls don't give up

The second-largest cryptocurrency with the current market capitalization of $22.4 billion hit $217.60 on Wednesday. While the coin has retreated to $207.50 by the time of writing, the overall sentiments remain bullish as the coin stays above a critical $200.00.

More Ethereum News

Litecoin price analysis: LTC/USD retreats back within the short-term channel

Litecoin has retraced from Wednesday's high of $79.15 to trade at $74.37 by the time of writing. The fifth-largest coin with the current market value of $4.7 billion has lost nearly 2% of its value in recent 24 hours and decreased by 4.5% since the beginning of the day. 

More Litecoin News

The cryptocurrency market update: Bitcoim settles at new lows, altcoins deep in red

The cryptocurrency market is a sea of red today as Bitcoin and major altcoins - with some notable exceptions - are falling down rapidly. The total market capitalization of all digital assets in circulation dropped to $263 billion.

More Cryptocurrencies News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Rangebound trading and September blues come upon the crypto market

Bitcoin finishes the week with marginal losses. The first digital currency recovered from the recent low of $9,886 but stayed in the red zone as of the end of the week.

Read the weekly forecast

BTC

ETH

XRP