Daily Price Analysis 08/26: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Litecoin (LTC)

With the price of Bitcoin and other leading cryptocurrencies slightly dipping over the past 24 hours, the total market cap has also dropped. The market has lost $3 billion over the past 24 hours, dropping from $216 billion to now stand at $213 billion.

0

With the price of Bitcoin and other leading cryptocurrencies slightly dipping over the past 24 hours, the total market cap has also dropped. The market has lost $3 billion over the past 24 hours, dropping from $216 billion to now stand at $213 billion.

The daily trading volume has also dropped, slipping from $11 billion yesterday to $9 billion.

Bitcoin price analysis

Bitcoin has lost less than 1% of its value over the past 24 hours. It was trading at $6,716 yesterday but has now dropped to $6,670.

The daily trading volume has dropped by $1 billion over the past 24 hours. The daily trading volume yesterday was $4.1 billion but has now dropped to $3.1 billion.

BTC price has gained 4% over the past seven days. A week ago, Bitcoin was trading at $6,339, with a weekly high above the $6,700 three times during the week.

Ethereum price analysis

Ethereum has lost 2.3% over the past 24 hours as it participated in the market sell-off. ETH was trading at $280 yesterday but has now dropped to $273. The currency has continued to struggle to surge past the $300 mark.

The 24-hour trading volume has also dropped, slipping from $1.4 billion yesterday to currently stand at $1.1 billion.

ETH has lost 9.3% of its value over the past 24 hours. The second largest cryptocurrency was trading at $301 but has since then slipped below the $300 mark.

Ripple price analysis

Ripple has lost 1% of its value over the past 24 hours but is still trading at $0.32. The currency was trading at that price yesterday and is still trading around that mark. The daily trading volume has continued to drop and now stand at $157 million.

Over the past one week, XRP has witnessed a haphazard trading pattern. It has been trading between $0.31 and $0.35 over the past seven days.

EOS price analysis

EOS has also lost 1.34% of its value over the past 24 hours. The fifth largest cryptocurrency was trading at $4.99 yesterday but has now dropped to $4.91. The daily trading volume has dropped by more than $200 million.

EOS trading volume yesterday was $566 million but has now dropped $354 million.

A look at the EOS weekly chart shows that it has lost 4.4% over the past seven days. It was trading at $5.14 a week ago but has now dropped to $4.91.

Litecoin price analysis

The seventh largest cryptocurrency has followed others in recording losses over the past 24 hours. LTC has lost nearly 2% of its value over the past few hours, dropping from $57.70 to 56.66.

The daily trading volume yesterday was $196 million but has gone up to $211 million despite the decrease in price.

LTC has been trading between $54 and $57 over the past one week.

Leave A Reply

Your email address will not be published.