Price Analysis

Bitcoin Records 2% Upsurge within a Day; ETH and XRP follow

Bitcoin has recorded a surge of 2.2% since yesterday climbing from $10,511 to its current value at $10,745 as noted on September 6, 2019, at 09:15:34 UTC. The coin’s market cap is now $192,448,820,136 and the 24h volume has reached $15,530,209,530. With an ROI of over 7,840.48%, BTC may start accelerating upwards towards the weekend and may take ETH and XRP also on the upward ride.

Bitcoin Price
Bitcoin Chart

Ethereum has also been on an upward trend following the footsteps of Bitcoin. The coin has recorded over 0.2% uptrend since yesterday rising from $174 to $175. It may cross $180 by the end of the week if Bitcoin succeeds in crossing $11,000 mark. The coin may even start trading above $200 if BTC crosses $12,000 by the end of the month.

ETH had started on a good note yesterday but then dropped as low as $170. The coin picked up the good pace soon after and now trading above $175 again. It may close the day on a better note than yesterday’s high of $176.16. The market cap of the coin is noted to be $18,875,817,242. The 24 h volume of the coin has reached $5,759,129,513, and the current ROI is 6,098.08%. The circulating supply of the coin is noted to be 107,627,443 ETH.

Ethereum Price
Ethereum Chart

Ripple has not shown much movement since yesterday and moved within $0.25 range mostly. The coin is currently showing a dip in the value of over 0.8% from yesterday’s $0.2593 to today’s $0.2571 but may recover soon by the end of the day. The current market cap of the coin is noted to be $11,036,560,132. The 24h volume of the coin is now $1,091,684,467. With an ROI of over 4,275.23%, the circulating supply of the coin is recorded at 42,984,656,144 XRP.

Ripple Price
Ripple Chart

All three coins have maintained their top 3 positions quite well and influencing the other coins as well. The progress in BTC may lead to further growth for both ETH and XRP in the next few days.

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Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

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