Market goes up, market goes down: In usual crypto randomness, the market took a slight dip after last week’s recovery, but there’s no need to worry. We’re seeing positive price movements this morning, and the 7-day chart shows greener pastures on the horizon.
At publishing time, the market is hovering around $460 billion, a roughly $12 billion drop from last week. Not ideal, but it could be much worse.
Bitcoin: Bitcoin is the only currency in the top-ten that increased in value since last week, gaining more than $400. At its current price of $10,457 Bitcoin increased roughly 4% from $10,478. SegWit activation has transaction fees as low as ever which most likely enabled Bitcoin to swim against the sea of red.
Ethereum: Ethereum fell 18% throughout the week to $800 before turning things around with a nice end-of-the-week bump. It currently sits at around $875.
Ripple: Still having trouble rebounding from January’s crash, Ripple fell an additional 10% this week. The coin is now priced at just over $1, significantly less than its $3.65 all-time high.
