The Motley Fool

Crypto update: Bitcoin, Bitcoin Cash, EOS higher, Ethereum, Ripple, and Stellar drop lower

It was a bit of a mixed weekend of trade for the crypto market. After a strong rebound on Saturday, the market has once again dropped back a touch.

At the time of writing the value of the entire market stands at US$296.9 billion according to Coin Market Cap. This is down just over 1% since this time on Saturday but up 1.5% since the same time on Friday.

Here is the state of play on Monday morning:

The Bitcoin (BTC) price has edged 0.15% higher over the last 24 hours to US$8,190.11 per coin, lifting the world’s largest cryptocurrency’s market capitalisation to US$140.7 billion.

The Ethereum (ETH) price has dropped 0.1% lower over the period to US$465.24 per token, reducing ETH’s market capitalisation to just under US$47 billion.

The Ripple (XRP) price has fallen 0.3% since this time yesterday to 45.2 U.S. cents, leaving the popular alt coin with a market capitalisation just a touch under US$17.8 billion.

The Bitcoin Cash (BCH) price has climbed 1.1% during the last 24 hours to US$823.64, giving the Bitcoin spin off a market capitalisation of US$14.2 billion.

The EOS (EOS) price has pushed 0.1% higher over the period to US$8.26 per token. This leaves EOS with a market capitalisation of US$7.4 billion.

Outside the top five things were similarly mixed.

Stellar (XLM) has given back some of its recent gains with a 2% decline to 30.7 U.S. cents, Litecoin (LTC) is up 0.1% to US$83.81, Cardano (ADA) has edged 0.1% higher to 16.26 U.S. cents, IOTA (MIOTA) has fallen 0.8% to US$1.01, and TRON (TRX) has returned to the top ten after climbing 8.2% to 3.97 U.S. cents.

A series of positive announcements from its founder appears to have helped drive the TRON price higher this weekend. One announcement advised that TRON’s Virtual Machine is due to be launched within the next 24 hours.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

*Returns as of June 30th

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Related Articles...