Nachdem Bitcoin gestern ein neues Dreimonatstief markiert hatte, ging es in die Offensive und eroberte 19.000 $ zurück.
Most altcoins are also slightly in the green today. Ripple, on the other hand, is the best performer this week with a massive 60% surge. In the last 24 hours alone, the asset is up more than 20%.
XRP takes the stage
The alternative coins had some pretty turbulent trading days, especially after the US Federal Reserve hiked interest rates by 75 basis points.
Ethereum, which has underperformed since last week’s merger, fell to a multi-month low of around $1,200. However, it started to appreciate fairly quickly and bounced back above $1,300. Another 4% surge in the past 24 hours has propelled ETH to $1,330 so far.
However, Ripples continues to steal the show. the native cryptocurrency has skyrocketed another 22% to over $0.5 in the last 24 hours. The asset has added over 60% in value weekly.
The Cryptomarket capitalization is nearly $950 billion after a daily increase of $20 billion.
Overview of the cryptocurrency market. Quantify Crypto
Bitcoin goes back to $19,000
The primary cryptocurrency has also been negatively impacted by the actions of the US Federal Reserve. It traded at $19,000 and jumped to $20,000 ahead of the central bank’s announcement.
In a few minutes, however, the asset is crashed by nearly $2,000. As such, it marked a fresh three-month low of just over $18,000.
Despite this, the bulls stepped up at that moment and pushed BTC north. It reached $19,000 yesterday but went to $19,500 earlier today. So far it has retreated a few hundred dollars but is still above $19,000.
Source: Crypto News Deutsch