Bitcoin Hovers Under $3,600 as Top Cryptos Remain Mostly Stable

gepubliceerd op by Cointele | gepubliceerd op

Friday, Jan. 25 - the top 20 cryptocurrencies are reporting discreet price action in mixed directions on the day to press time.

Bitcoin is hovering under $3,600 again, according to Coin360 data.

At press time, Bitcoin is seeing virtually no change on the day, trading at around $3,590, according to CoinMarketCap.

Looking at its weekly chart, the current price is about $100 lower than $3,668, the price at which Bitcoin started the week.

Ripple has kept its value mostly stable in the 24 hours to press time, trading at around $0.314, losing just half a percent on the day.

On the weekly chart, the current price is lower than $0.326, the price at which XRP started the week - and down from $0.333, the midweek high reported on Jan. 19.

At press time, ETH is trading at $116, having started the day about one dollar higher.

On the weekly chart, Ethereum's current value is lower than $122, the price at which the coin started the week.

Among the top 25 cryptocurrencies, the ones experiencing the most notable price action are Binance Coin and Ethereum Classic, which are both up over 3 percent.

As Cointelegraph recently reported, analysts at JPMorgan Chase have predicted that Bitcoin could fall below $1,260, while banks will not benefit from blockchain for at least three to five years.

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