Daily Price Analysis 10/08: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)

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The cryptocurrency market has remained stagnant over the past 24 hours at $217 billion. The daily trading volume meanwhile has dropped slightly over the past few hours.

The 24-hour trading volume of yesterday was $11 billion but it has now dropped to $10 billion despite the stable market cap.

Bitcoin price analysis

The Bitcoin price is trading in the green after it rose from $6,577 yesterday to now trade at $6,602. The daily trading volume has meanwhile stagnated at $3.3 billion over the past 24 hours, with the BTC dominance still standing above the 50 percent mark.

Daily Price Analysis 10/08: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)BTC is up by less than 1% against the U.S. Dollar over the past five days, from $6,524 five days ago to now trade at $6,602.

Ethereum price analysis

Just like Bitcoin, Ethereum is trading in the green, up by less than 1% over the past 24 hours, maintaining yesterday’s $224 trading price. The daily trading volume has meanwhile dropped by $100 million to now stand at $1.4 billion.

Daily Price Analysis 10/08: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)Ethereum has been able to retain its value against the U.S. Dollar over the past five days while losing slightly over 1% against BTC over the same timeframe.

ETH returns to close to its $225 price five days ago following a turbulent week and now trades at $224.

Ripple price analysis

The third largest cryptocurrency has gained more than 1% over the past few hours. It was trading at $0.47 yesterday but has gone up slightly and now stand at $0.48.

The daily trading volume has dropped from over $700 million to now stand at $497 million.

Daily Price Analysis 10/08: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)XRP is down by over 5% over the past five days against the USD. It was trading at $0.51 a few days ago but following a difficult week now trades at $0.48.

XRP lost 7.2% of its value against BTC during that time frame.

EOS price analysis

EOS is also trading in the green, retaining its price over the past 24 hours. It was trading at $5.70 yesterday and it has maintained that price through today.

EOS daily trading volume has gone up slightly, from $487 million yesterday to its current level at $495 million.

Daily Price Analysis 10/08: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)EOS is up by 3% over the past five days against the U.S. Dollar, climbing slightly from $5.50 five days to $5.70 today. Against Bitcoin, meanwhile, EOS is up by slightly over 1% during that time frame.

Stellar Lumens price analysis

Stellar Lumen has regained its previous price after slipping yesterday. XLM was trading at $0.23 yesterday but has gone up by more than 1% to now trade at $0.24.

Stellar Lumens daily trading volume is slightly up to $35 million from $33 million recorded yesterday.

Daily Price Analysis 10/08: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)XLM is down by 2% against the U.S. Dollar over the past five days even though the price still remains at $0.24. Against BTC meanwhile, Stellar is down by roughly 2.5% over the past five days.

Litecoin price analysis

Litecoin is the only leading cryptocurrency trading in the red. It is down by less than 1% but is still trading at $57 over the past few hours. The daily trading volume has dropped over $100 million.

LTC daily trading volume yesterday was $394 million but has since fallen to just $260 million.

Daily Price Analysis 10/08: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)Litecoin has lost over 2% of its value against the U.S. Dollars over the past five days. LTC was trading at $59 a few days ago but has now dropped to $57. LTC is down by 3.8% against Bitcoin over the past five days.

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