Christmas is fast approaching, but the atmosphere does not prevent crypto-fanatics from investing. This week we have witnessed many spectacular cryptocurrency gains from the top capitalization headlines. In today’s issue of our study, we will look at Bitcoin, which has finally broken the $20,000 border and Ethereum, whose price has stabilized after the last big increase. In addition to the two biggest cryptos, we will also look at Ripple and Liska. XRP has climbed several hundred percent over the past week. Lisk, on the other hand, has been steadily gaining in value for a long time.
The entire cryptocurrency market is approaching $600 billion. Bitcoin continues to dominate at around 50%.
As always, we invite you to leave your comments and suggestions for the next crypto-analysis! Here we go!
The most important event of this week was CME’s rollout of BTC futures contracts. As last week, when CBOE introduced its BTC contracts, the price of the most popular cryptocurrency has also increased significantly. In this case, Bitcoin first crossed the $20,000 border.
- The BTC price exceeded $20,000, we are currently experiencing a small adjustment.
- CME introduces futures on BTC.
- BTC capitalization exceeded $300 billion.
Ethereum was sluggish for a long time. Exchange rates have grown steadily, although it was never as rapid as other altcoins. From December 11th to December 14th, we witnessed an increase in the ETH value of less than $300.
- ETH price remained stable at the level of approx. $720;
- Further stable price increases are likely.
Ripple has become the world’s fourth crypto in terms of capitalization. Last week saw a 200% rally which stabilized on December 15th. Ripple has achieved a new ATH of $0.88. Ripple is another cryptocurrency that has joined ETH, IOTA, and LTC. Over the last few weeks, these cryptos have significantly increased their value. XRP was also strongly influenced by cross-border payment tests, carried out by a group of Japanese and Korean banks.
- Price increase by over 200%.
- ATH at the level of $0.88.
- Fourth largest cryptocurrency in the world.
- Tests in Asia.
Lisk is especially popular in Poland. Many investors were certainly satisfied with the price increase of LSK. The new ATH at the level of $16.59 has also been achieved, and we are still waiting for the release of new technological solutions proposed by Max Kordek, so far the currency is rising by several dozen percent increases.
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