Price Analysis

Bitcoin Vs. Ripple: Bitcoin (BTC) Shoots Beyond $10,000; Ripple (XRP) also Gains 1.54% in 1 Day

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  • Bitcoin gains more than 6% overnight and reached 10,400 USD.
  • Ripple also is up by 1.54% and touched 0.2620 USD after a long interval.

The rough days for the crypto market are probably over. In the last 24 hours, many major coins have shown decent recovery. Bitcoin has gained a whopping more than 6% whereas Ripple is up by 1.54% in this period. However, both the coins need to run fast to mitigate the gap created because of the gloomy show in the market over the last week.

Bitcoin – Ripple Price Statistics-

03rd September 03:23 UTC Bitcoin (BTC) Ripple (XRP)
Rank 1st 3rd
ROI (Return on Investment) 7,561.73% 4,335.36%
Coin Circulation 17,912,400 BTC 42,984,656,144 XRP
Market Cap 185,442,626,513 USD 11,202,975,549 USD
Value in USD 10,443.74 USD 0.2620 USD
All-Time High 20,089 USD 3.84 USD
24h Volume 17,497,405,182 USD 1,069,712,614 USD

Bitcoin – Ripple Price Comparison-

BTC - XRP Price Chart
BTC – XRP Price Chart

Bitcoin started the day with a decent hike of 2.19% between 03:52 UTC and 14:29 UTC and this hike made the coin gain 213 USD. The second swing started at 15:02 UTC and over the next 5 and half hours, the coin gained 559 USD, and this helped the coin to go beyond 10,000 USD point. By 20:32 UTC, the coin was at its peak of the day near 10,451 USD. However, a small fall could be noticed after that, and this fall of 1.23% took the value of Bitcoin to 10,323 USD by 01:47 UTC. The current value is roaming around 10,400 USD.

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On the other hand, Ripple encountered a dip at the starting of the day. Between 00:03 UTC and 08:48 UTC, Ripple lost 0.0036 USD to reach 0.2536, the lowest point of all day. However, the day’s outer impact gave a huge impetus and made the coin to gain 4.50% or 0.0114 USD. By 20:31, the coin was being traded at the highest point of the day at 0.2650 USD. It faced a blow after that and fell by 1.87% in the next 6 hours. From there the coin had a stable growth, and the current value is hovering around 0.2620 USD.

Bitcoin – Ripple Price Prediction-

Both the coins are two of the top coins and the latest growth hints at an overall recovery of the market. In the short-term, the two coins are likely to recover at the fastest pace possible. Before this year ends, the two coins are likely to have a rally.

Bitcoin (BTC) Ripple (XRP)
1st Resistance 10585.35 USD 0.264062333 USD
2nd Resistance 10823.94 USD 0.267304667 USD
3rd Resistance 11251.29 USD 0.272144333 USD
1st Support 9919.41 USD 0.255980333 USD
2nd Support 9492.06 USD 0.251140667 USD
3rd Support 9253.47 USD 0.247898333 USD

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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