{"id":206787,"date":"2019-01-05T03:00:03","date_gmt":"2019-01-05T08:00:03","guid":{"rendered":"https:\/\/insidebitcoins.com\/news\/crypto-market-update-ethereum-increases-gap-over-xrp-to-2-billion\/206787"},"modified":"2021-07-25T17:44:49","modified_gmt":"2021-07-25T21:44:49","slug":"crypto-market-update-ethereum-increases-gap-over-xrp-to-2-billion","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/crypto-market-update-ethereum-increases-gap-over-xrp-to-2-billion","title":{"rendered":"Crypto Market Update: Ethereum Increases Gap Over XRP to $2 Billion"},"content":{"rendered":"
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Crypto markets have gained marginally as we start the weekend but things are generally mixed for individual coins and tokens. Total market capitalization has remained above $130 billion but has not moved a great deal over the past 24 hours.<\/p>\n
Bitcoin has been pretty flat over the past day but is up a tiny bit on yesterday\u2019s levels trading at $3,870 at the time of writing. Volume has increased again back to over $5 billion indicating more gains could be forthcoming. BTC is down a little on last weekend\u2019s prices but the difference is negligible.<\/p>\n
Ethereum<\/a> is accelerating away from XRP in third and the gap is now almost $2 billion in market cap. ETH reached an intraday high of $160 before pulling back slightly, at the moment it is still up over one percent to $158. Conversely XRP has fallen 1.8% back to $0.357.<\/p>\n The top ten crypto assets are generally mixed with more red than green showing during the Asian trading session this Saturday. Bitcoin Cash continues its slide south of $160 with another 3% lost today. Tron is the biggest gainer with over 8% made at the time of writing, momentum coming from Binance including BitTorrent\u2019s BTT token on its Launchpad and ETH gaming developer EtherGoo switching over to the Tron network.<\/p>\n The top twenty altcoins are also a mixed bag at the moment. Binance Coin and Monero are making small gains while Iota and Zcash are falling back a little. The rest are not really moving much with less than a percent difference from yesterday\u2019s prices<\/a>.<\/p>\n Yesterday\u2019s fomo pump is still pumping today as REPO adds another 40% and makes it into the top 70 cryptocurrencies. DEX is still pumping and dumping with a similar gain on the day and Dentacoin has also made over 20% today. Getting the red end of the stick in the top one hundred is Holo dropping 9% at the time of writing.<\/p>\n <\/a><\/p>\n Total crypto market capitalization has not moved a lot since yesterday and is currently at $132 billion after reaching a low of $128 billion last night. Trade volume is up marginally to $16 billion but a sideways channel seems to be forming at this level. Markets have been pretty flat all week but are up almost 5% on the same time last month.<\/p>\n FOMO Moments is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.<\/em><\/p>\n <\/p>\n The post Crypto Market Update: Ethereum Increases Gap Over XRP to $2 Billion<\/a> appeared first on NewsBTC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"