Last week there was a lot of instability in the prices of digital currencies, as they plummeted progressively and quite sharply. However, after a period of several days in which prices began to recover, it seems that they have finally stabilized.
Today, the main cryptocurrencies recorded slight increases compared to yesterday. For example we have the case of Bitcoin (USD $ 8,625) and Ethereum (USD $ 851), which increased their value by 2.69% and 0.78% respectively, so their prices remain stable as fluctuations are minimum.
The one that seems to have stabilized is also Bitcoin Cash, with several days with an upward trend. It is currently quoted at USD $ 1,264.95, registering an increase of 0.14%.
On the other hand, the currencies that saw a greater increase in the last 24 hours were Litecoin (USD $ 156) and NEO (USD $ 111), reporting increases of more than 2.3% of their value. Following this trend are IOTA (USD $ 1.82) and Stellar (USD $ 0.38), whose increases were more than 1.1%.
While Ripple (USD $ 1.06) slightly increased its value, Cardano (USD $ 0.37) recorded a decrease of 1.52% in its prices compared to yesterday.
Among the surprises this week, we have again E-Coin (USD $ 64.51) and U.CASH (USD $ 0.18) which continue to increase exponentially, this time by 226% and 384% respectively. It is believed that this trend is the product of small investments that inflate the value of digital currencies in the markets in which they are traded, so that once a significant rise is registered there is a high probability that investors withdraw their assets to ensure the profit, generating an abrupt fall in prices.
We will continue to be very attentive to report any news.
