Hi Readers, welcome to cryptocurrency price analysis for the week. Do not forget to check movers and shakers for this week at the last of the article.
Bitcoin saw some positive sentimental moves this week as the top coin was up 5.33%. The good thing about Bitcoin is that it still hodls itself above 3600. The prices hit a high point of USD 3,695.61 and the lowest point of USD 3,391.02 during the week. The exchanges that were more active, in volumes, with BTC across various pairs this week were, BitMex (8.47%), CoinBene (4.20%) and OEX (2.60%)
Among prominent news around Bitcoin, Bitcoin billionaire Changpeng Zhao says the world is still at the Beginning of the Beginning’ of Bitcoin Revolution.
XRP still holds second place again but Ethereum still stays in close vicinity. On the top, this week the prices of XRP were at USD 0.315308 and towards the bottom, it quoted USD 0.290119. The exchanges that were more active, in volumes, with XRP across various pairs this week were, ZB.COM(8.38%) ZBG (5.68%) and Binance (3.58%)
For XRP this week, Finablr, a global platform for payments and foreign exchange solutions, has announced that its network brands UAE Exchange and Unimoni are now on RippleNet
Ethereum on the top, this week was at USD 120.69 and were at lows of USD 102.93. The markets that were more active, in volumes, with ETH across various pairs this week were OEX (5.78%), Bibox (2.89%) and ZBG (2.85%)
Among news surrounding Ethereum this week that Spankchain CEO actually is criticizing Ethereum, which he has supported in the past.
The Other Movers and Shakers
The Other coins that made to the top and bottom this week according to Coin Market Cap (accessed on February 10 at 3:35 pm IST) were
- INO Coin [INO] – Showing a rise of 290.97%
- Twinkle [TKT] – Showing a rise of 196.87%
- Quant [QNT] – Showing a rise of 114.06%
- Centercoin [CENT]- Showing a drop of 64.10%
- Snapcoin [SNPC] – Showing a drop of 56.98%
- Everus [EVR] – Showing a drop of 55.16%
What do you think would be the sentiment of the crypto markets next week? Do let us know your views on the same.