Did the era of the Dogecoin, the most famous cryptocurrency, come to its end, or it is just a calm before the storm? Let’s find out!
Ripple tacks on
On Thursday, literally all of the large-market-cap crypto assets found themselves in the green, reporting firm profits across the board, according to Coin360 data.
Yesterday, Bitcoin bounced off past the $6,400, reaching $6,450 before stabilizing at $6,410. On the week, Bitcoin has rallied by up to 1.1%, although losing 1.2% on the month.
Ethereum has faced several days of gradual rival, and it added 2.6% on the day coming up with an outcome of $211. On its weekly chart, this crypto asset has acquired 16%, while edging down by about 29.15%.
Meanwhile, Ripple has managed to grasp a mind-blowing 15.3% leap on the day ending up with $0.36, Ripple’s key uptick occurred on September 18. Then, after several consolidating days, the digital coin faced a second key upswing today.
Amid other top ten crypto assets on CoinMarketCap, literally all are in the green. As a matter of fact, EOS became the 5th, reporting a 5.57% leap hitting $5.30. Cardano managed to add 5.8% on the day being worth $0.07.
As for anonymity-oriented alt Monero, it grasped the 10th position, with a 3.67% ascend being worth $112.31. Besides this, Stellar rallied by 3.3%, demonstrating $0.21.
In addition to this, NEM headed south by 1.12% on the day. As for Tron, it has turned out to be the strongest top twenty performing crypto assets on the day, adding about 5.55% reaching $0.02.
The overall market capitalization of all crypto assets nearly amounts to $203.3 billion, which is $10 billion more compared to its brief dive yesterday to $193.3 billion.
Bitcoin Core has come up with an update after the recent detection of a weak point in the software that reportedly could have been exploited by a hacker at a cost of nearly 12.5 Bitcoin to have the network crashed.
The main digital coin erased all the gains done after Elon Musk's February announcement. What are we heading into?
Ethereum crossed $3000 recently and is aiming at $3500 already. Is it taking over Bitcoin's place?
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3.
The Reserve Bank of New Zealand will publish a monetary policy report and make an update on the interest rate on May 25, at 05:00 GMT+3.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.