There has been a downfall in the overall crypto market for the last few days. But since this downfall is short-lived, the prices again bounce back to their normal value as they continue fluctuating with time.
Table of contents
As the new week started, most cryptocurrencies have shown a positive increase in their prices. This jump in the crypto market has doubled its valuation and has increased its market valuation over the past 24 hours.
So, let’s have a look at the top-ranking cryptocurrencies and analyse their price charts below.
25 April GMT 05:00
Source https://fintechzoom.com/cryptocurrencies/
1- Bitcoin
Out of the top leading crypto coins, Bitcoin stands as number one. With a current price of 38582.2891 USD, the coin has shown a 2.27% decrease in the last 24 hours.
Moreover, analysts predict that Bitcoin’s price can go higher than its current rates. In the last 7 days, the coin has decreased 8.63% from its current price at the time of writing this article.
Source https://markets.businessinsider.com/currencies/btc-usd
2- Ethereum
Regarding the Ethereum upcoming merge, it’s a challenging time for the Blockchain. At the time of writing, it is at a price rate of 2825.6802 USD.
This is with a 3.33% decrease in the price values in the last 24 hours. However, the coin has shown a 1.35% decrease 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 Crypto price prediction analysis, 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 coin is the new hottest crypto exchange platform with its price standing at a rate of 386.5650 USD at the time of writing. In the last 24 hours, the coin has shown a 3.17% decrease from its current value.
However, in the last 7 days, the Binance coin has shown a slight price decrease of 2.44%.
Source https://markets.businessinsider.com/currencies/bnb-usd
5- USD Coin
At the time of writing, the coin is at a price rate of 1.0003 USD. The best thing is it has shown a 0.06% increase at the time of writing.
Moreover, in the last 7 days, this stable coin has surged by 0.01% in the price charts.
Source https://markets.businessinsider.com/currencies/usdc-usd3
Final Thoughts
By analysing the current price reports and the chart rates of different cryptocurrencies, we can evaluate the prices are finally stabilising and we can predict further price increase in the upcoming days.
