The markets began the week less robust but with some good news here and there. Bitcoin is unstoppable, and is likely to hit the $800 mark by the end of the week. There were no changes on the top ten in terms of position.
As of 18:00 GMT on Monday, the market listed almighty Bitcoin at $781.92 which represented a 1.62% rise. It looks like we are ending the year on an excellent note.
Beginning the week with 2.45% appreciation, Ethereum seems to be on a winning streak again. It ended the week with a 2.16% gain. Its market value was $8.37 keeping it at number two.
While Ripple was being sold at $0.006791, it took a 1.83% fall. Even though it maintained the 3rd position, it has lost its laudable gains from last week.
On the 4th place, Litecoin went up marginally by 0.51%. The exchanges had it listed at $3.66. However, it seems Litecoin is entering a new phase of excitement vis-a-vis its all-time best for the month, on Sunday.
All the coins at the 5th-7th positions were down with losses ranging from 0.3-1.0%. Monero lost 0.31% with an exchange rate of $7.94.
At number six, Ethereum Classic was selling for $0.925222, but it didn’t continue its upward gains from last week – losing a considerable 1.96%. Let’s hope it recovers quickly.
Dash is down again, but interestingly its exchange rate was better than on Friday. It lost 1.06% and sold for $9.13 compared to Friday’s $8.84, and stayed at the 7th spot.
On the brighter side, Steem retained its 8th ranking with a 1.28% upward gain to sell at $0.194038. That is good for the social media challenger, since it was down 3.29% from the previous listing.
Though Augur maintained its number nine spot, it had the biggest depreciation of the day at 3.20%. Its market value was a mere $3.11.
Maidsafecoin is still occupying the bottom of the top ten Coinmarketcap listings with 7.25%. That was the biggest gain for the day. The exchanges sold it for $0.070722.
Notable Cryptocurrencies of the Day
Mooncoin is still to be watched keenly. Today it went up by a jaw-dropping 296.86%. Another crypto making waves below the top ten is Safe Exchange. It appreciated by 195.57%. Hicoin is not bad either; it grew 50.96%.
Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
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