As of today, Ripple and Ethereum reach a major price boost despite the entire market remaining calm. Ethereum is still rebounding from all the losses.
On the other hand, Bitcoin settled to a price range at about $6,500 as last week ended. BTC went through a volatility stage yet again and decreased below the $6,300 point. Bitcoin is now trading at $6,348 at the time of writing. It’s up by 0.59% with monthly losses by 3.5 percent.
Ethereum also went through the volatility stage for 24-hours straight, but it did reverse all the losses and peaked at $209 in a 3-hour time span. Its weekly gains are more than 7 percent and the monthly losses remain to a 33.5 percent.
Ripple is currently facing large gains among the slight decrease on the entire market when it soared by 18 percent and is now trading at $0.31. The upwards trend started this afternoon bringing the weekly gains to a stunning 21.75 percent. The monthly losses, however, still remain down by 10.6 percent.
Ripple’s head of regulatory relations for Asia-Pacific said that Ripple is likely to launch a new commercial application for the xRapid liquidity solution for banks in a very near future.
It’s important to note that not all coins are in the downward motion. Stellar is up by 4.5 percent, Bitcoin Cash is up by 1.7 percent and Cardano is up by 1.43 percent. Others don’t really have the green flag. Tezos is being hit the hardest by 10.14 percent drop and Miota by 3.6 percent. Total market cap went from $192 billion to over $200 billion.
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