Rajarshi Mitra
Independent Analyst
- BTC/USD has had four bearish days in a row, where its price fell from $10,767 to $9,769.25.
- EOS/USD was the biggest winner of Wednesday, as its price went up by 12.07%.
The bulls have taken charge of the market in the early hours of Thursday. Bitcoin has managed to cross $10,000 and the other coins have had a bullish start as well. This follows a pretty fascinating Wednesday where Bitcoin had a bearish day, while the others managed to make a profit. Let’s take a closer look at how the top three did and then reveal the biggest winners and losers of the day, among the top 20 coins.
Top three coins
- Bitcoin: BTC/USD shot up from $9,769 to $10,122 in the early hours of Thursday. Before this, BTC/USD had four straight bearish days where its price fell from $10,767 to $9,769.25
- Ethereum: ETH/USD went up from $216.50 to $222.50 in the early hours of Thursday. ETH/USD is on the process of having two bullish days in a row after three straight bearish days.
- Ripple: XRP/USD went up from $0.317 to $0.322 this Thursday. Ripple is also attempting to have two straight bullish days after three bearish ones.
Biggest winners and losers (top 20 coins)
- Eos (EOS) was the biggest winner of Wednesday, as its price went up by 12.07% and is priced at $4.60.
- Cardano (ADA) went up by 7.10% and is priced at $0.059.
- IOTA (IOT) went up by 6.14% and is priced at $0.309.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC declines as resistance emerges near all-time high
Bitcoin and Ethereum are approaching their key support levels, and a sustained close below these marks could lead to further declines.
TON set to launch synthetic Bitcoin to boost its DeFi solutions
TON revealed its plan on Thursday to launch a synthetic Bitcoin token on its blockchain, allowing users to trade, stake, and earn yield using BTC. Following the announcement, TON is down over 3%.
Maker Price Forecast: MKR could stage 40% rally
MakerDAO is up 2% on Thursday and could be set for a 40% rise in the coming weeks if it successfully maintains an extended move above the descending trendline of a falling wedge. On-chain data also supports the bullish outlook after a four-month-long decline.
USDT market cap crosses $120 billion as stablecoins continue their uptrend
The stablecoin market cap continued its uptrend in October, characterized by USDT reaching a $120 billion market cap, according to a CCData report on Thursday. This indicates that investors are preparing liquidity to fuel more demand.
Bitcoin: New all-time high at $78,900 looks feasible
Bitcoin price declines over 2% this week, but the bounce from a key technical level on the weekly chart signals chances of hitting a new all-time high in the short term. US spot Bitcoin ETFs posted $596 million in inflows until Thursday despite the increased profit-taking activity.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.