SHARE
this page
FacebookTwitterLinkedInWhatsAppTelegramMessenger

Crypto Outlook

  

-BTC: $26,457.17

-ETH: $1,726.26

-XRP: $0.4917

-LTC: $77.37

The global crypto market cap is $1.07T, a 0.63% decrease over the last day.

The total crypto market volume over the last 24 hours is $20.53B, which makes a 7.77% decrease.

BTC: BTC price decreased by 0.31% and increased by 2.63% over 24 hours and the past seven days. The asset reached a low and high of $26,312.83 and $26,675.93, respectively.

Jack Dorsey, the co-founder of Twitter and a billionaire, has revealed his plans to increase his investment in the Bitcoin ecosystem. This decision comes after he recently pledged $5 million to the network’s core developers through his grantmaking organization, Starts Small.

Under this initiative, the funds will be disbursed to the non-profit Bitcoin development organization Brink over five years. The distribution will take place in annual installments of $1 million.

Brink’s website, located at brink.dev, highlights the organization’s mission to enhance the Bitcoin protocol and network through fundamental research and development. Additionally, they support the Bitcoin developer community by offering funding, education, and mentoring.

Brink’s initiatives encompass a fellowship program that aims to nurture and guide new contributors to open-source Bitcoin development. Furthermore, they extend their support to established Bitcoin protocol engineers through their grants program, enabling them to continue their valuable work.

ETH: ETH price decreased by 0.06% and 0.56% over 24 hours and in the past seven days. The asset reached a low and high of $1,718.11 and $1,746.51, respectively.

Despite experiencing short-term fluctuations, Ethereum remains an incredibly attractive cryptocurrency within the industry, offering promising long-term returns. With a market capitalization of $207.41 billion, ETH has witnessed a notable 43.96% increase in value since the beginning of the year, demonstrating relative profitability.

Recent data highlights that over 50% of Ethereum wallet addresses are profitable, despite the significant market volatility observed in recent weeks. Insights from IntoTheBlock, a cryptocurrency analysis company, indicate that approximately 57.5 million Ethereum wallet addresses are experiencing profits. This accounts for about 59.66% of the total number of active wallet addresses.

Conversely, around 36.84 million wallet addresses currently hold Ethereum at a loss, representing approximately 38.22% of the total number of ETH-holding wallets. Additionally, about 2.05 million wallet addresses are at breakeven, showing no significant profit or loss.

XRP: XRP price increased by 2.15% and decreased by 2.15% over 24 hours and the past seven days. The asset reached a low and high of $0.4802 and $0.4967, respectively.

A promising initiative in the blockchain technology field is XRP Healthcare, a robust blockchain ecosystem specifically designed to revolutionize access to necessary care for individuals regardless of their location. This robust blockchain ecosystem utilizes XRPH tokens, which serve as a secure and efficient means of payment within the XRP Healthcare network, facilitating real-time transactions for various products and services.

At its core, XRP Healthcare (XRPH) harnesses the scalability of Web3 solutions and leverages the XRP ledger to deliver healthcare services innovatively. It stands as a pioneering Web3 pharmaceutical solution, striving to enhance the delivery of pharmaceuticals and healthcare services. With a decentralized approach, XRP Healthcare targets explicitly underserved communities in developing nations, aiming to bridge the healthcare gap and improve overall access to high-quality medical care.

LTC: LTC price increased by 0.14% and 1.62% over 24 hours and the past seven days. The asset reached a low and high of $76.97 and $78.43, respectively.

LTC jumped 1.62% in the last 24 hours to continue its rally from the $72 support level. The selling pressure on LTC flipped its market structure to bearish after breaking the bullish trendline and critical $80 support level. However, bulls halted the bearish momentum at the $72 support level, rebounding to trade at $77.37 as of press time.

With BTC posting gains of 4% over the same period to push it to $26.5k, LTC can look to record more gains due to its correlation with BTC.


Vantage does not represent or warrant that the material provided here is accurate, current, or complete, and therefore should not be relied upon as such. The information provided here, whether from a third party or not, is not to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any financial instruments; or to participate in any specific trading strategy. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. We advise any readers of this content to seek their own advice. Without the approval of Vantage, reproduction or redistribution of this information is not permitted.

Trading Experience Plus

Previous
Next

Fast & easy account opening

  • Register

    Choose an account type and submit your application

  • Fund

    Fund your account using a wide range of funding methods

  • Trade

    Access 500+ instruments across all asset classes on MT4/MT5

That's it, it's that easy to open a Forex and CFD trading account.
Welcome to the world of trading!
Open Live Account

Contact Us

  • General Enquiries

    We are here to provide you with a successful trading journey from account opening to funding and trading.

    [email protected]
  • Premium Clients

    If you are interested in becoming a premium to unlock your extra services as a high-volume trader or joining Vantage Club, please email us below.

    [email protected]