BTC, ETH, XRP, BCH and EOS Weekly Update
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BTC, ETH, XRP, BCH and EOS Weekly Update

It has been a crazy week for cryptocurrencies, however, the top 4 currencies have had a fairly sluggish week with neither being able to make a very specific mark on the market. So here’s the weekly update:

BTC

In the course of recent weeks, the build-up around Bitcoin, BTC, has decreased and it is nowhere near what it was in the long stretch of January, this year. BTC soared high on January 06 at 17,527.00 USD. So far it hasn’t been able to reach that level again but remains steady in the range of 8000 USD to 8600 USD without much trouble.

A review of BTC over the week shows BTC at 8438.26 USD on May 14 after which it goes uphill and stands at 8496.77 USD at the time of writing. BTC has increased by 58.51 USD over the week it and appears to be steadily climbing up again. There has been a rise of 1.84% in the last 24 hours and faces resistance at 8496.77 USD mark. As of now, it stands on the 1st rank with a market cap of 144 billion USD.

ETH

Ethereum(ETH) has decreased and it is no place near what it was in the long stretch of January, this year. ETH soared high on January 13 at 1396.42 USD. So far it hasn’t been able to reach that level again but remains steady in the range of 650 USD to 730 USD without much trouble.

A review of ETH over the week shows ETH at 706.97 USD on May 14 after which it goes uphill and stands at 711.84 USD at the time of writing.ETH has increased by 4.87 USD over the week, however, it appears to be falling down again. There has been a fall of 0.54% in the last 24 hours and faces resistance at 711.84 USD mark. As of now, it stands on the 2nd rank with a market cap of 71.1 billion USD.

XRP

XRP has decreased and it is no place near what it was in the long stretch of January, this year. XRP soared high on January 07 at 3.38 USD. So far it hasn’t been able to reach that level again but remains steady in the range of 650 USD to 730 USD without much trouble.

A review of XRP over the week shows XRP at 0.722 USD on May 14 after which it goes downhill and stands at 0.694 USD at the time of writing. XRP has decreased by 0.028 USD over the week it and appears to be slowly climbing up again. There has been an increase of 0.76% in the last 24 hours and faces resistance at 0.694 USD mark. As of now, it stands on the 3rd rank with a market cap of 27.8 billion USD.

BCH

BCH has decreased and it is no place near what it was in the long stretch of January, this year. BCH soared high on January 10 at 2,895.38 USD. So far it hasn’t been able to reach that level again but remains steady in the range of 1100 USD to 1500 USD without much trouble.

A review of BCH over the week shows BCH at 1387.73 USD on May 14 after which it goes bearish and stands at 1252.71 USD at the time of writing. BCH has decreased by 135.02 USD over the week it and appears to be going down. There has been a decrease of 0.32% in the last 24 hours and faces resistance at 1237.43 USD mark. As of now, it stands on the 4rth rank with a market cap of 21.5 billion USD.

EOS

EOS has decreased and it is no place near what it was in the long stretch of January, this year. EOS soared high on January 13 at 16.23 USD. So far it hasn’t been able to reach that level again but remains steady in the range of 12 USD to 14 USD without much trouble.

A review of EOS over the week shows EOS at 13.98 USD on May 14 after which it goes bearish and stands at 13.60 USD at the time of writing. EOS has decreased by 0.38 USD over the week it and appears to be going down. There has been a decrease of 1.41% in the last 24 hours and faces resistance at 13.49 USD mark. As of now, it stands on the 5th rank with a market cap of 11.82 billion USD.

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Syed Ali Mudassar
It was when he was pursuing his graduation in Computer Science that he found his flair for writing about new and existing technologies. He likes researching about technologies and how they could help people. Currently, he works as the Content Manager at CoinFrenzy, a leading blockchain news, and media publication website.