Bitcoin is going through another price correction for the day as the top crypto is experiencing a minor dip with 11% for the week. Ethereum seems to be going through a similar scenario, with more bullishness on the side of ETH when compared to Bitcoin. Litecoin is also showing gains for the week with a minor dip for the day. How are some of the top cryptocurrencies performing in the past week from March 2nd to March 8th?
Bitcoin (BTC) Price Analysis March 2021
- Bitcoin is currently trading a bit above 50,000$ in an attempt to get back to the previous all-time high at 58,000$
- The weekly chart is showing 13% of gains
- The lowest price for the week is 48,532$
- The highest weekly price goes a bit over 51,000$, so fluctuations for this week are lower than the previous weeks in February
- The yearly chart is reading exceptional returns at 472%
Ethereum (ETH) Price Analysis March 2021
- Ethereum is trading at 1,733$ with the latest price correction, down by -15% from its all-time high of 2,000$
- The weekly chart is showing 22% of gains as ETH keeps afloat during the week
- The lowest price for the week is set at 1,497$
- The highest price for the week is set at 1,733$ which is the current price of ETH
- The yearly chart is showing 629% of gains
Litecoin (LTC) Price Analysis March 2021
- Litecoin is trading at the price of 184$ after the latest price correction at -0.8% for the week
- LTC is showing 12% of gains on the weekly chart
- The lowest price for the week is 176$
- The highest price recorded for this week is 191$, while Litecoin is trading nearly -50% down since making it to an all-time high of 360$ back in December 2017
- The yearly chart is showing 205% returns
Image credits: Cover photo taken from Dmitry Demidko on Unsplash
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