As Elon Musk endorsed Bitcoin and Dogecoin in the past previous days, DOGE and BTC spiked. Bitcoin had a major rise to a new high of 48,012$ at one point on February 8th as Musk’s company Tesla invested 1.5 billion dollars in the top crypto. Bitcoin shortly declined to 44,000$, rising to 46,000$, while DOGE went through a major rise as well. As BTC is showing bullish momentum, how is the rest of the market doing in the past week? How are ETH, LTC, and XRP performing in the past seven days?
Ethereum (ETH) Price Analysis February 2021
- Ethereum is trading at the price of 1,711$ after the latest change in the market and a drop of -3% for the day
- The weekly chart is showing 13.3% of gains for ETH
- The lowest price for the week is 1,587$
- The highest weekly price for ETH is 1,769$
- The yearly chart is showing 651% of returns, still making Ethereum one of the top gaining cryptos for the year
Litecoin (LTC) Price Analysis February 2021
- Litecoin is trading at the price of 176$ after the latest price correction. Litecoin is barely rising for the day by 0.6% but is still trading in the green zone despite the daily dips for top cryptos
- The weekly chart is showing 23% of gains for LTC
- The lowest price for the week is 144$
- The highest price for the week is 181$
- The yearly chart is showing 129% of returns for LTC by far
XRP Price Analysis February 2021
- XRP is “stubbornly” rising even though SEC is charging Ripple for unregistered security offerings. XRP is trading at 0.48$ firmly and is on the rise for the day by 3.6%
- The weekly chart is showing gains of over 31%
- The lowest price for the week is 0.39$
- The highest price for the week is 0.47$
- XRP doesn’t seem to be able to get past the value of 0.50$ just yet
- The yearly chart is showing 71% of gains for XRP
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