Months of waiting seem to be getting to an end as the cryptocurrency market gradually shows positive sign of bouncing back. The last seven days has been an interesting one. Almost all the top cryptocurrencies are showing a positive growth rate with Bitcoin getting back to the $4000.
Bitcoin was trading at $3,905 on 13 March 2019 but recorded a 3.5% price increase to trade at $4,070 in seven days. Ethereum, the second highest ranked coin in Market Cap made an impressive price surge from $133 on 13 March 2019 to $139 today (20 March 2019.). It recorded a percentage rise of 4.1%.
XRP trading at $0.316 on 13 March 2019 made a little price surge to trade at $0.319 today. It recorded a 1.17% rise in the price curve. Litecoin unsurprisingly repeated its good run to trade at $60. Litecoin was somewhere around the $30 mark at the beginning of the year, but for some time now has made good progress to double its price.
Litecoin moved by 7% to record $60 from its $56 price point on 13 March 2019. EOS coin surged by 2.7% to trade at $3.7 from its $3.6 price mark in the last seven days.
Bitcoin Cash is the coin of the week in the last seven days. BCH surged in price by 23%. On 13 March 2019, it was trading at $129. In just seven days, it took a high jump to record $158.
Stellar Lumens pulled an impressive performance to make a difference in its price by recording a 6% price increase. On 13 March 2019, it was trading at $0.103 but currently trading at $0.111. The 6% price growth made a little impact on its market price due to the size of its available supply. Tron surged in price by 1.77%.
Cardano also made another impressive run having recorded a percentage increase of 13% in the last seven days. It was trading at $0.04 on 13 March 2019 but currently trading at $0.05. Monero which is ranked in the first 20 of Coinmarketcap rankings rose in price by 7% in the last seven days. Another cryptocurrency that deserves recognition is Ontology. Ontology surged in price by 23% in the last seven days.
It is interesting to note that after the market stabilized for a while, there has not been any massive fall. The cryptocurrencies have been climbing the price curve slowly, and this is a good sign for the market and for those who have some coins in their wallet waiting for the bull run.