Daily Price Analysis 10/26: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), EOS, Stellar (XLM) Litecoin (LTC)

The total cryptocurrency market cap has remained flat around $208 billion and daily trading volume has dipped to $8 billion, compared to yesterday's $9 billion.

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The total cryptocurrency market cap has remained stagnant over the past 24 hours. Yesterday, the total cryptocurrency market cap was $208 billion and it has remained stagnant at that value over the past few hours.

The 24-hour trading volume has meanwhile dropped slightly. Yesterday, the daily trading volume was $9 billion but it has now dropped to $8 billion.

Bitcoin (BTC) price analysis

The Bitcoin price has dropped slightly over the past 24 hours. Yesterday, BTC was trading at $6,395 but it has now dropped to trade at $6,385. The 24-hour trading volume has also dropped from $3.4 billion to now stand at $3.1 billion.

Bitcoin has lost roughly 1% of its value against the USD over the past few days. Five days ago, Bitcoin was trading at $6,411 but has now dropped to $6,385.

Ethereum (ETH) price analysis

Ethereum is trading in the red zone for the second day running after losing less than 1% of its value. Yesterday, ETH was trading at $204 but it has now dropped to $203. The 24-hour trading volume has meanwhile dropped slightly over the past few hours.

Yesterday, ETH’s daily trading volume was $1.1 billion but it has now dropped to $1 billion as the price also decreased.

Against the US Dollars, Ethereum has lost some of its values over the past few days. Five days ago, ETH was trading at $208 but has lost more than 2% to now trade at $203. It is meanwhile down by 1.4% against Bitcoin.

Ripple (XRP) price analysis

For the third consecutive day, Ripple’s XRP has been able to retain its value and is trading at the $0.46 mark. The price failed to increase despite XRP’s institutional investment doubling during the third quarter of the year.

The 24-hour trading volume was $200 million yesterday but has now gone up to $249 million.

Over the past five days, XRP has lost 1.4% of its value against the US Dollars. It was trading at $0.47 five days ago but has now dropped to $0.46. It is meanwhile down by less than 1% against the leading cryptocurrency.

EOS price analysis

Over the past 24 hours, EOS has lost 0.4% of its value, dropping from $5.43 to now trade at $5.4. The drop came despite the general market stabilizing over the past 24 hours. The daily trading volume has meanwhile reverted back to its previous value.

Yesterday, EOS 24-hour trading volume was $310 million but has now dropped to stand at $295 million.

Over the past five days, EOS has lost 1.2% of its value against the greenback. It was trading at $5.45 but has embarked on a decline and now trades at $5.40. It is meanwhile down by less than 1% against BTC during that time period.

Stellar Lumen (XLM) price analysis

The sixth largest cryptocurrency has been able to hold on to its value over the past 24 hours. Yesterday, XLM was trading at $0.23 and it is still trading at that price. The daily trading volume meanwhile remained stagnant at the $37 million marks.

Over the past five days, XLM has lost nearly 6% of its value against the US Dollars, making it one of the biggest losers amongst the leading cryptocurrencies. It was trading at $0.25 five days ago but has now dropped to $0.23.

Over the past five days, Stellar has also lost more than 5% of its value against Bitcoin.

Litecoin (LTC) price analysis

Just like Stellar, Litecoin has been able to maintain its value over the past 24 hours. Yesterday, LTC was trading at $52 and it is still trading at that price. The daily trading volume has also stabilized around the $285 million marks.

Over the past five days, Litecoin has lost nearly 4% of its value against the US Dollars. It was trading at $54 five days ago but has now dropped to $52. It is also down by more than 2% against Bitcoin during that time period.

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