Cryptocurrency Market Updates Bitcoin to Settle Above Eight Thousand Dollars


The latest Cryptocurrency market updates state that the most known Cryptocurrency Bitcoin has gained over 2% of its value and broke the record of above $8,000 and has gotten into the next segment where the record sticks to $8,200. Simultaneously, Litecoin is the worst performing Cryptocurrency as the update states and is down by 3%. The Cryptocurrency market has switched back to the worst mode with Bitcoin and all the major altcoins except for the Litecoin showing the substantial gains. The best part is that the Cryptocurrency Bitcoin market capitalization has increased to $206 billion from $253 billion on Wednesday where an average daily trading volume has crept to $65 billion.

The top 3 coins price overview includes BTC/USD, Ethereum and Ripple’s XRP. While Bitcoin has settled to $8,200 changing hands at $8,118 off the intraday high of $8,196, Ethereum (the second largest digital asset with the current market capitalization of $27.5 billion) has recovered to $260 handle following a drop below $230 on Monday. In recent 24 hours, the coin has grown by 4.5% and moved into positive territory on a weekly basis. As these two Cryptocurrencies have gained momentum, Ripple’s XRP is hovering below $0.40. It is the third largest coin with the current market capitalization of $17.1 having gained $2.3 from this time on Wednesday to trade at $0.4052 by press time.

What can be concluded from the latest Cryptocurrency Bitcoin market update is that Litecoin (LTC) has turned from the growth leader to just an outsider. It is the 12th largest coin having the current market capitalization of $8.3 billion has unfortunately lost over 3% in recent 24 hours to trade at $135.60 by the press time. Cardano or ADA is a strong performer off lately. With over 7% of gains, the coin is changing hands at $0.0946.

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