Sunday, December 23: The top 20 criptomoedas are showing moderate gains, and the price of Bitcoin (BTC) is again in excess of $ 4,000, according to CoinMarketCap data.
Coin360 Market View
At the close of this edition, Bitcoin rose nearly four percent on the day, trading at $ 4,050. If you look at the weekly chart, the current price is lower than the maximum on Friday, at almost $ 4,200; but cryptocurrence continues to be traded significantly above $ 3,294; point where you started this week.
Bitcoin price chart for 7 days. Source: CoinMarketCap
Ripple (XRP) – the second largest crypto-currency by market capitalization – gained more than five percent on the day, trading at $ 0.374 at the time of this note.
In the weekly chart, the current price is significantly higher than $ 0.292, the price at which XRP started the week. However, the price at this point is slightly lower than the $ .389 high reached on Wednesday.
7-day Ripple pricing chart. Source: CoinMarketCap
Ethereum (ETH) remains the third largest cryptotomoeda by market capitalization, with a 15% increase in the last 24 hours. At the close of this edition, ETH is trading at $ 128, starting the day at $ 111 and reaching an intraday high of $ 133.
On the weekly chart, the current price is notably higher than $ 87, which was ETH's value on Monday.
Ethereum 7-day price chart Source: CoinMarketCap
Among the top 20 crypto-coins, some are reporting more significant growth rates. For example, NEO gained 12% and EOS also gained almost 12%. Cardano (ADA), Litecoin (LTC), IOTA and Ethereum Classic (ETC) increased nearly 10%.
The combined market capitalization of all encrypted currencies increased to more than USD 135 billion at the end of this edition. That puts the current market limit close to its weekly high of more than $ 137 billion, after starting the week at just $ 104 billion.
As the Cointelegraph recently reported, Ethereum co-founder Joseph Lubin said on Twitter that he was "calling the cryptographic background for 2018". He added that from his perspective, "the future looks very bright."
Earlier this week, two US Congress members presented a bipartisan bill entitled "Token Taxonomy Act," which proposes to exempt cryptospirosis from being considered values.