Crypto Espresso: Your quick shot of the latest crypto moves and news
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Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Capital.com Australia (AFSL 513393), a multi-award winning global investment trading platform.
Crypto is up. It’s rallying. Bitcoin, Ethereum & Etherum Classic, Shibs, Dash coin, it’s all green, baby!
Even Wink coin seems to be gaining momentum after some erratic peaks and troughs. We don’t like to gloat, but perhaps those fears of a cryptowinter were overstated after all.
Except for The Graph, which seems to be stuck in a snowy wilderness of its own.
Let’s take a closer look.
Prominent cryptocurrencies were green on Monday with Bitcoin up 5.81%, Ethereum up 5.63%, and Litecoin 9.72% higher. In other digital assets, Bitcoin Cash popped at 5.64% and Dogecoin surged 10.86%.
Ethereum Classic (ETC) continued its rise from the disruption of January’s mini-quake to a 9% uplift, or US$32.59 (7 February). This is a gain of 45% since its low point on 24 January.
Dash (DASH) was up around 23% in the past week, trading at US$110.78, though this is still below its 1 January price, when it was trading at US$137.95. This is a look at its fundamentals.
After a jubilant weekend, Bitcoin (BTC) was attacking US$43,000 in London morning trading. And Ether (ETH) got above US$3,000 on Friday for the first time since 21 January.
GRT, the coin of decentralised indexing protocol The Graph, has a price of US$0.43 but even with last week’s rise of 8% it is still in the grip of a long-term decline.
WIN, the coin of Wink, the decentralised gaming platform built on the TRON network, has had a see-sawing price, but last week it seemed to be gaining upward momentum.
This article was developed in collaboration with Capital.com Australia (AFSL 513393), a Stockhead advertiser at the time of publishing