Now it’s lunch time again, so it’s time for our crypto update. We look at the live Bitcoin price and the prices of the top 25 cryptocurrencies. Additionally, we provide updates on Ripple (XRP) and Polygon (MATIC). We close with an update from NFT.
Of course, we will start with the live Bitcoin price and the prices of the top 25 cryptocurrencies.
Live Bitcoin Price Continues to Rise, Prices Top 25 Crypto Exchanges
After the rally of the last few days, the live Bitcoin price continues to rise. The live Bitcoin price at the time of writing is EUR 338.3310.14 ($47,763.53). This is 2.44% higher than yesterday at this time, although lower than when US markets closed last night.
We are currently seeing mixed results in the top 25 cryptocurrencies. Near (NEAR) is the biggest loser at 5.69%. The biggest increase is for Shiba Inu (SHIB) with +19.45%. On the Tradeincrypto.com site you can analyze all live cryptocurrency prices.
Ripple (XRP) Price Soars on Good Crypto Outlook
In our analysis yesterday afternoon, we already anticipated a strong rise in Ripple (XRP). That brings the coin up to par and we see it in the market cap. In a single move, the coin overtook Cardano (ADA) and Solana (SOL) to take sixth place in the ranking.
Only stablecoins USD Coin (USDC) and Tether (USDT) and BinanceCoin (BNB) are still among the conquest of the top 3. That gap is big, because Ripple’s (XRP) market capitalization is currently 36.08 billion. BinanceCoin (BNB) and Tether (USDT) at 62.66 bln and 68.23 bln respectively seem out of reach at the moment, while the gap to USD Coin is smaller given the 45.01 bln market cap .
The appetite for Ripple (XRP) is mainly motivated by the points the cryptocurrency gets in the lawsuit against the SEC. The denouement is slowly approaching and the judge grants many requests to XRP. Therefore, experts take into account a victory that could be beneficial for the entire crypto market, because with such a victory, crypto can be seen as a much more difficult security. Therefore, analysts take into account price increases of up to 50%. Ripple (XRP) current price is $0.852, which is 9.66% higher than yesterday.
Crypto Polygon (MATIC) Is Soared by Investors
One of the so-called Ethereum (ETH) killers is Polygon (MATIC). To keep up with the competition with the second largest crypto currency, he needs money. Investors seem to be lining up. An investment round has been made to increase scalability and to be able to develop and improve Web 3.0 applications such as Dapps.
No less than 40 well-known cryptocurrencies participated in the fundraiser that raised no less than $450 million. This was clearly seen by investors as a bullish sign. The current price of Polygon (MATIC) is $1,952. This is an increase of 9.23% compared to yesterday.
NFT Update: Dutch news and what did the Lamborghini NFT auction yield?
Gaming legend ‘Kwebbelkop’ burned down, but not for crypto. He started his own NFT launch pad. The interesting thing is that users do not pay until they actually trade their NFT.
That can be lucrative, Lamborghini demonstrated. Last week they organized their first NFT auction. This is over. The results are known and one can safely speak of a success.
Finally, interested parties have the opportunity to bid on NFTs on the online auction house. This is where the auction of a special collection of NFTs takes place. What is remarkable is that the prices offered so far have lagged far behind the prices previously paid for this artist’s NFTs and expert estimates. Curious to know all the details of this update? You can read this here.
Of course, we will keep you informed of all developments related to cryptocurrencies. You can expect the next update tonight after the US financial markets close.
Want to stay informed of the latest price changes?
You can always follow the developments yourself with our WANT crypto analyzes or feature articles and previews on the crypto market and Bitcoin. Of course, you can also follow live prices 24 hours a day if you want to stay informed in real time. Are you also interested in other investments besides cryptocurrencies? So our weekly price forecast on Monday morning may be some reading advice. †Note: We never provide financial advice, so you may not interpret our contributions in that way. Always do your own research and make rational decisions about if, when, what and how much you want to invest in.”
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