Over the last few days, cryptocurrencies have shown a positive movement with a 14% increase in their prices. This jump in the crypto market has doubled its valuation and increased its market cap over time.
Moreover, the overall crypto market has also experienced a severe downfall in the few passing months. But since this downfall is short-lived, the prices again bounced back to their normal value.
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Top Cryptocurrencies 21 April
So, where do the prices stand now? Let’s have a look at the top-ranking cryptocurrencies and analyze their price charts below.
Source https://fintechzoom.com/cryptocurrencies/
1- Bitcoin
On the top charts of crypto coins, Bitcoin always stands as number one. With a current price of 41,445.830 USD, the coin has shown a 0.15% increase in the last 24 hours.
Moreover, experts predict that Bitcoin’s price will fall down the 30,000 USD mark soon due to the market crisis. In the last 7 days, the coin has increased 4.73% from its current price at the time of writing this article.
Source https://markets.businessinsider.com/currencies/btc-usd
2- Ethereum
For social transactions, Ethereum miners hold a highly profitable future. Recently, EIP announced that the blockchain will show a 51% mining attack that would affect its revenue. At the time of writing, it is at a price rate of 3,056.9307 USD.
This is with a 0.74% decrease in the price values in the last 24 hours. However, the coin has shown a 6.7% increase in the last 7 days.
Source https://markets.businessinsider.com/currencies/eth-usd
3- Tether
With a current price of 1.002 USD, Tether shows a 0.00% decrease in the last 24 hours. According to the chief technology officer of Tether, the coin is showing rapid growth as compared to other competing stable coins.
At the time of writing, the price chart shows a 0.00% increase in price in the last 7 days which means the coin is growing slowly in the market.
Source https://markets.businessinsider.com/currencies/usdt-usd
4- Binance Coin (BNB)
Binance is a very popular crypto exchange platform with its token price standing at a rate of 416.5311 USD at the time of writing. In the last 24 hours, the coin has shown a 0.45% decrease from its current value.
However, in the last week, the Binance coin has shown tremendous price increases. The popular Thailand-based Gulf energy has announced to invest in this coin owing to its rapid growth in the market.
Source https://markets.businessinsider.com/currencies/bnb-usd
5- USD Coin
At the time of writing, the coin is at a price rate of 1.0001 USD. The good news is it has shown a 0.06% increase in the last 24 hours.
Moreover, in the last months and weeks, this stable coin is improving in the price charts and tracking the U.S dollar.
Source https://markets.businessinsider.com/currencies/usdc-usd
Final Thoughts
As per the sources, the whole crypto market is going to stabilize and prices of some top-ranking currencies like Bitcoin and Ethereum are increasing from their previous records. This shows that cryptocurrencies are a good investment option with the current price reports.
