Bitcoin (BTC) is firmly holding above levels of 36,000$, while still struggling to get back at the ATH of 41,000$ despite the recent daily gains. Polkadot managed to join the list of the top 4 biggest cryptos by market cap, pushing Ripple’s XRP below to the 5th spot on the list. DOT is now counting 15.5 billion dollars in market capitalization. Ethereum is seen above the levels of 1,200$ with recent gains on the biweekly and monthly chart.
Bitcoin (BTC) Weekly Price Analysis January 2021
- Bitcoin is currently trading at the price of 36,367$ after the latest change in the market
- The weekly chart is showing losses of over -5%
- The lowest price for the week is 33,938$
- The highest price for the week is 39,232$
- The difference between the highest and the lowest weekly price indicates that the volatility levels are on the rise as BTC is going through increased fluctuations
- The yearly chart is showing gains of 307%
Ethereum (ETH) Weekly Price Analysis January 2021
- Ethereum is trading at the price of 1,238$ after the latest change in the market
- ETH is showing losses on the weekly chart, recording -2.5% for the week
- The lowest price for the week is 1,045$, just above support levels of 1,000$
- The highest price for the week is the current value of 1,238$
- The yearly chart is showing 621% of gains
Polkadot (DOT) Weekly Price Analysis January 2021
- Polkadot is trading at the price of 17$ after the latest price correction
- DOT is trading in the green zone on all charts
- The weekly chart is showing gains of 130%
- The lowest price for the week is 8.26$
- The highest price for the week is 18$
- With the latest change in the market, Polkadot ranks as one of the top gaining coins for the week, getting past XRP by market cap and taking 4th place on the list of all cryptocurrencies
Image credits: Cover photo taken from Andre Francois McKenzie on Unsplash
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