The crypto market is seeing mixed movement but Ether price and Bitcoin price are among those in the green.
Friday, Aug. 16 — Bitcoin (BTC) and Ether (ETH) are seeing some upward movement as XRP continues to slump.
Market visualization. Source: Coin360
Bitcoin is trading at $10,480 at press time, representing a 4.58% price increase on the day. Bitcoin is seeing some momentum for an upward climb, peaking at $10,500 so far and continuing to stay away from the four-figure mark it fell to yesterday. Still, BTC needs to climb by about 15% to retake the $12,000 barrier, which it surpassed multiple times earlier this month.
Earlier today, anticipated BTC futures platform Bakkt announced that it has been approved for launch — namely by the Commodity Futures Trading Commission and New York State Department of Financial Services — and will roll out on Sept. 23.
Bitcoin 7-day price chart. Source: Coin360
The number two cryptocurrency, Ether, has turned around to trade slightly in the green today. ETH is trading over $185, showing a 0.61% increase on the day. ETH has largely been on the decline this week, trading over $218 on Friday and falling by approximately 14.7% to hit its current price.
Ether 7-day price chart. Source: Coin360
XRP, the second-largest altcoin by market cap, is trading at $0.262 and trending down by 0.24% on the day. Like many of the top cryptocurrencies, XRP has been slumping this week. Unlike BTC and ETH, however, XRP has not managed to get back into the green as of press time.
XRP 7-day price chart. Source: Coin360
Alongside BTC and ETH, other top-20 cryptos in the green today include EOS, Tether (USDT), Bitcoin SV (BSV), Binance Coin (BNB), Monero (XMR), Stellar (XLM), Dash (DASH), and Tezos (XTZ).
The total market capitalization of the top 100 cryptocurrencies is currently over $270.9 billion at press time, according to Coin360.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.