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26 September 2020

Bitcoin, Ether, and XRP Weekly Market Update May 25, 2020

Bitcoin, Ether, and XRP Weekly Market Update May 25, 2020


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The top 10 currencies are mostly in red for the same time period with Bitcoin (BTC) being the worst performer with 9 percent loss while Tezos (XTZ) added 2.9 percent.

By the time of writing bitcoin is trading at $8,780 while Ether (ETH) dropped down to $201.

Bitcoin continued to rise on Sunday, May 17, and ended the week at $9,661 or 12.5 percent higher compared to the previous seven-day period.

Bitcoin experienced a short correction to the downside and dropped down to $9,508 erasing 2.7 percent of its value.

The trading session on Saturday, May 23, was relatively calm with no change in the price direction or sentiment.

On Thursday, May 21, however, the coin made another leg down and dropped to $198, losing 5.7 percent.

The Ripple company token XRP continued with its good performance on Sunday, May 17, and closed the week at $0.201 or 4.1 percent higher compared to the previous seven-day period.

It dropped down to $0.201 and lost 2 percent of its value.

as the altcoin closed the seven-day period with 4.4 percent loss.

The decentralized video streaming platform added 72 percent to its price for the last seven days and doubled in value for the two-week period.

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Market data feeds provided by cryptocompare.com
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