RATE Group | Bitcoin, Ethereum and Ripple exhibit stability
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Bitcoin, Ethereum and Ripple exhibit stability

Bitcoin, Ethereum and Ripple exhibit stability

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  • All top three cryptos Bitcoin, Ethereum and Ripple settle in consolidation after a brief recovery.
  • Ripple’s Brad Garlinghouse slams Bitcoin and Ethereum for wasteful mining through electricity and e-waste.

BTC/USD is stable above $8,800 following a reversal from a short term support at $8,750. The bulls seem to have the mantle lack the energy to pull above $9,000 for more gains. For now, the trend remains lethargic and the volatility low.

ETH/USD is the best performer among the top three cryptocurrencies having added 1.53% on its value. From the opening value of $223.78, Ethereum has advanced to $228.88 (intraday high). At the time of writing, the price has adjusted to $22.98.

XRP/USD is still battling with selling pressure beneath $0.24. Support at $0.23 is still intact despite the bearish inclination. Ripple is trading at $0.2377 following a 1.44% growth on the day.

Chart of the day

ETH/USD 4-hour chart

ETH/USD price chart

Industry News: Ripple’s refers to Bitcoin…

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