Bitcoin lead the growth trajectory of all the cryptocurrency at its price hovered by $6,500 points. According to Coinmarketcap, the increase was seen in all the top ten digital currencies by market cap as Ripple (XRP) and EOS went up by 15 per cent in the last 24 hours.
A constant growth was recorded by Bitcoin (BTC) as it is on the growth path with its price going up to $6,500 points. Until yesterday, it was trading at $6,495 points and it was estimated that it went up by 3.6 per cent in the last 24 hours. This week, Bitcoin is showing steady performance as it went up by almost 7 per cent after recovering from the low trading which it witnessed last week at $5,961.
Noteworthy recovery was also witnessed by the top altcoin, Ethereum (ETH) as it traded around $303 which was much better than its last week’s $259. In the last 24 hours, ETH saw an upsurge of around 6.5 per cent. Notably, it also witnessed the intraday lows and highs of $284 and $304 respectively.
As of now, the total number of digital coins listed on Coinmarketcap is 1,855. Last week, the crypto markets witnessed a massive sell-off whereas they are now stabilized at around $217 billion. As per the information available, until yesterday, the total market capitalization went up to $28 billion from its intraday low.
This week, BTC has lost its supremacy slightly after reaching to 54.3 points on August 14. Till yesterday, a slight dip was witnessed in the market cap of Bitcoin as it was recorded to be 51.5 per cent.
The other digital currencies like Ripple (XRP) and EOS have also witnessed an upsurge in the last 24 hours. As per the Ripple price index of Cointelegraph, Ripple went up by almost 9 per cent this week as it was trading at $0.34 and was up by around 18 per cent.
With an aim to build a ‘healthy’ ecosystem of digital asset exchange, three more crypto exchanges were listed by Ripple yesterday on its cross-border payments solution xRapide. In this process, Ripple secured the partnership with exchanges like U.S. based Bittrex, Mexican Bitso and Filipino Coins.Ph.
The top fifth cryptocurrency, EOS, witnessed almost 16 per cent upsurge in 24 hour period and with this upsurge, it was trading at $5.29.
With an intention to bring higher liquidity to the cryptocurrency, a major U.S. crypto exchange and wallet service, Coinbase, listed eleventh top coin by market cap, Ethereum Classic (ETC). Soon after the announcement, the coin increased to $14.20 in the last 24 hours.