Daily Price Analysis 10/25: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)

The total crypto market cap has dropped from $210 billion $208 billion while the daily trading volume has stagnated at $9 billion over the past 24-hours.

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The cryptocurrency has lost some of its values over the past 24 hours. Yesterday, the total crypto market cap was $210 billion but has now dropped to $208 billion. The daily trading volume meanwhile has stagnated at $9 billion.

Bitcoin (BTC) price analysis

Bitcoin is trading in the red zone for the second day running. It was trading at $6,433 yesterday but has now dropped to trade at $6,395.

The daily trading volume has gone up despite the price decrease. BTC’s 24-hour trading volume was $3.3 billion yesterday but has gone up to $3.4 billion.

Against the US Dollars, Bitcoin is up by less than 1% over the past five days. BTC was trading at $6,378 five days ago but experienced a haphazard trading pattern to now trade at $6,395.

Ethereum (ETH) price analysis

The second largest cryptocurrency has lost less than 1% of its value over the past 24 hours. Yesterday, ETH was trading at $206 but has now dropped to $204.

The 24-hour trading volume for ETH was $1 billion yesterday but has gone up slightly to now stand at $1.1 billion.

Ethereum has been able to maintain its value against the US Dollars over the past five days. Five days ago, ETH was trading at $204 and it is still trading at that price. It has however lost less than 1% against BTC during that time period.

Ripple (XRP) price analysis

Ripple’s XRP has been able to retain its value over the past 24 hours. Yesterday, it was trading at $0.46 and it is still trading at that price. The daily trading volume has meanwhile dropped by nearly $200 million over the past 24 hours.

Yesterday, XRP’s trading volume was $408 million but has now dropped to $265 million.

Over the past five days, XRP has gained more than 1% against the US Dollars. Ripple was trading at $0.46 five days ago and it is still trading at that price. It has been able to maintain its value against BTC over the past five days.

EOS price analysis

EOS is trading in the red zone after losing less than 1% of its value over the past 24 hours. Yesterday, EOS was trading at $5.46 but has now dropped to trade at $5.43. There was no apparent catalyst for this drop as the general market lost ground.

The daily trading volume has meanwhile gone up despite the price decrease. Yesterday, EOS 24-hour trading volume was $296 million but has now gone up to stand at $310 million.

EOS is up by less than 1% against the USD over the past five days, rising from $5.38 to its current price of $5.43. It is also up by less than 1% against Bitcoin over the past five days.

Stellar Lumen (XLM) price analysis

Stellar Lumen is one of the biggest losers amongst the leading cryptos after it lost more than 2% of its value over the past 24 hours. Yesterday, XLM was trading at $0.24 but it has now dropped to $0.23.

The daily trading volume meanwhile remained stagnant at the $38 million mark despite the price decrease.

Against the US Dollars, XLM has lost more than 4% of its value. Five days ago, Stellar was trading at $0.25 but embarked on a downward trend to now trade at $0.23. It is also down by more than 4% against Bitcoin during that time period.

Litecoin (LTC) price analysis

The seventh largest crypto has lost 1% of its value over the past few hours. Yesterday, Litecoin was trading at $53 but has now slipped to trade at $52. The drop came as the general market experienced a slight loss.

The 24-hour trading volume has gone up despite the slight price decline. Yesterday, LTC’s daily trading volume was $249 million but has now gone up to $281 million.

Over the past five days, Litecoin has lost 1.5% of its value against the US Dollars. Litecoin was trading at $53 five days ago but has now dropped to $52. Over the past five days, LTC has also lost nearly 2% of its value against Bitcoin.

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