Cryptocurrency Market Up By 1.5 As BTC, BAT, Eth, LTC etc Tried To Maintain Their Values

By Dominus1 | My News Gh | 15 May 2020


7a4f281dae1171209859c629ad77694b68fb352a71607946dc8c32f26e726fb2.jpeg

Less than 24 hours ago, the cryptocurrency market moved upwards to over 9 percent in value but it has struggled to follow that upward trend of moving forward even though the market had a positive effect.

This is as a result of some digital assets struggling to gain momentum though the major assets or digital tokens all had an increase in price percentage values.15364c7cd1c4c4a38356bca6272f500316bcab78d591f8b5a72e43ee685f7961.jpeg

The overall market had an increase of 1.23 percent mainly thanks to Bitcoins halving which occurred a few days ago.

not crediting the progress to bitcoin alone because Ethereum which host 90 percent of tokens played a huge part in stabilising supported tokens.

7508a25f40e984a6a9bb10a789c1a28f90d581a6bfe49d7ffb05c1abbef94c76.jpeg

Market price update with percentages.

 As shown in the screenshot above, Bitcoin had a decrease of -2% after reaching $9,800 before rallying back with an increase in price percentage of 1.73% to stay at $9,686. Ethereum, Bitcoin Cash, XRP, Litecoin also had an increases of 0.82%, 0.39%, 0.06%,1.02%.

EOS, Tezos, Chainlink, Ethereum Classic, Cosmos and Augur were the other assets with an increase in percentage values of 3.51%, 0.47%, 1.51%, 0.16%, 1.42% and 1.59% respectively.

4aec89a5cf76c8e421906a0ac222537d8fbe3497d323d9c1da5ac23209981922.jpeg

The rest of digital tokens in coinbase's top 20 cryptocurrencies all had a decrease or top loss in their price values.

They are Stellar Lumens -0.93%, Dash -0.28%, ZCash -0.24%, BAT 0.79%, Ox -2.24%, Kyber Network -1.42%, Dai -0.32% and Orchid -1.42%.

These tokens have the potential to undertake a bullish pattern as it has done so before and also to drop down in value as well.

 With the current trend i expect the prices of all assets to move up and attain new heights in a month or two.

What do you think ?

How do you rate this article?


8

3

Dominus1
Dominus1

A young Ghanaian with interests in Blogging and Crypto. A Content creator. Am an avid football fan and a 3D Epoxy installer.


My News Gh
My News Gh

Look forward as i delve real deep in the world of cryptos and browsers as well as general breaking news in the World. Remember to tell a friend to tell a friend to tell another friend.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.