Opinions

A Spot of Green For Crypto

Top cryptos are seeing a bit of green after an erratic two-day period. Bitcoin is back above the $3,800 mark after two days.

Crypto Chart
Source: Coin360.com

Bitcoin:
The king of the market is trading at $3,829 press time, gaining 3%. In weekly stats, BTC is almost back where it started. The highest BTC went was $3,961 on December 30.

BTC chart
Source: coinmarketcap.com

XRP:
The second in-line to the throne saw gains of 3.4% with trading value at $0.3675. The last peak it saw was on December 29 with trading at $0.38. Since then, it’s a mess of pumps and dumps. Market cap. is down by $1 billion this crypto week.

XRP chart
Source: coinmarketcap.com

Ethereum:
The third largest cryptocurrency is having a better than the first two. It’s up by 5.8% with USD value pumping from $133 to $141 with $800 million in market capitalization. Surprisingly, the 3 billion difference XRP had gained over Ethereum is almost gone now and Ethereum is aiming to reclaim the second place that it had lost. The pace that Ethereum has gained would make it overtake XRP today.

Ethereum chart
Source: coinmarketcap.com

 

Market cap.
Source: coinmarketcap.com


The other 7:
Owing to the top 3, the rest 7 are swimming in green as well.

Top 7
Source: coinmarketcap.com

Will this pump survive? Is this a new beginning? New year’s charm? Luck? Calm before the storm? Hold on and see for yourself.

Happy trading!

Photo by Joel Peel on Unsplash



Sarim Mehmood

An electrical engineer to be. Sarim is a blockchain & crypto enthusiast and an early investor in ETH and Ethereum based projects. Contact the editor at editor.opinions@blockpublisher.com

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