Daily Price Analysis 09/26: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Litecoin (LTC)

The cryptocurrency market has gained $4 billion over the past 24 hours. The total market cap rose from $207 billion yesterday to now stand at $211 billion, likely as a result of Google revealing that it is reversing its ban on cryptocurrency-related adverts on its platform.

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The cryptocurrency market has gained $4 billion over the past 24 hours. The total market cap rose from $207 billion yesterday to now stand at $211 billion, likely as a result of Google revealing that it is reversing its ban on cryptocurrency-related adverts on its platform.

The 24-hour trading volume for the general market has also increased, rising from $14 billion yesterday to now stand at $15 billion.

Bitcoin price analysis

The Bitcoin price has gained nearly 1% over the past 24 hours, rising from $6,392 yesterday to now trade at $6,441.

The price of the leading cryptocurrency didn’t rise much despite news from Google reversing its cryptocurrency-related ad ban.

BTC’s daily trading volume yesterday was above $4.4 billion and it has retained that figure, with 24-hour trading volume remaining almost the same.

Against the U.S. Dollar, Bitcoin has lost 1.1% of its value over the past five days. It was trading at $6,520 five days ago, rising past the $6,800 mark before plummeting to its current price of $6,441.

Ethereum price analysis

Ethereum was trading at $211 yesterday but has seen moderate gains of more than 1% to now trade at $213, with the news that LedgerX is set to launch Ether options not resulting in any meaningful gains for the leading smart contract and dApp cryptocurrency.

The slight increase in price has also led to an increase in the trading volume from yesterday’s $1.8 to now stand at $2 billion.

Against the USD, Ethereum has lost 5.2% of its value over the past 24 five days, dropping from $225 to its current price of $213, with BTC losing more than 4% of its value during that timeframe.

Ripple price analysis

Ripple has surged by 11% over the past 24 hours as news that cryptocurrency exchange Coinbase hinted might list the cryptocurrency, returning back to its previous level at $0.51 from yesterday’s $0.45 slump.

XRP’s daily trading volume is also up, rising by $300 million over the past few hours from yesterday’s $1.3 billion to stand at $1.6 billion.

Against the U.S. Dollar, XRP is up nearly 15% over the past five days. It was trading at $0.44 five days ago but surged to a high of $0.73 before losing some of its gains to now stand at $0.51. Against BTC, XRP is up 17% over the past five days.

EOS price analysis

EOS is up by less than 1% over the past 24 hours, rising from %5.19 yesterday to now stand at $5.36. The rise came despite early executives of Block.one, the parent company of EOS, leaving the startup.

The 24-hour trading volume has increased slightly also, rising from $770 million to now stand at $800 million.

EOS is down 7.6% against the USD over the past five days, dropping from $5.7 to $5.3 during that timeframe. Against BTC, EOS has lost 6.3% of its value over the past five days.

Litecoin price analysis

LTC has also gained 1% over the past 24 hours, rising from $55 per coin yesterday to now trade at $57. There was no significant catalyst behind this move as it reacted to the rise in the general market.

The daily trading volume also rose slightly over the past few hours, with LTC’s daily trading volume growing from $307 million to $330 million.

Litecoin is currently trading at the same price it was trading five days ago, thus meaning that it hasn’t recorded any significant gains or losses against the U.S. Dollar. Against BTC however, Litecoin is up 1.2% over the past five days.

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