Today, Monday, August 30, 2021, just before the end of the month, we are going to take a look at the cryptocurrency market, although specifically at the prices of three of them, all characterized by a current drop in interest on the part of the investor. What is the best time to invest in Bitcoin, Binance Coin, and Ethereum? Do we expect trend reversal? ETH, BNB and BTC.
How to react to Ethereum losses today? ETH
As we can see, the cryptocurrency Ethereum is totally devoid of investor interest, just the opposite of what was happening some time ago. Its trend is obviously downward, which can be seen in its current prices; 3177.87 dollars, compared to the falls of 5.12% on a weekly basis. The decreases were also visible on a one-day scale, being 0.88%.
Important data of the Ethereum market in a period of time of 24 hours:
Market Cap: $ 371,142,503,008
Market volume: $ 12,875,337,331
Real-time chart of the cryptocurrency Ethereum (ETHUSD) in a period of time of 7 days
Bitcoin Fails and Falls of Its Own Weight! BTC
This morning has definitely been the clearest for the price of Bitcoin, rare and bearish for the mother cryptocurrency. Although the last seven days do not reflect the seriousness of their losses, we can see that we are still very, very bearish. The prices of these moments are of 38529.22 dollars, price that can be summarized with rises to two scales. During the last week, the increases have been 4.58%, while during the last 24 hours, they have been 0.71%. The BTCUSD pair lets us see two important data; This is the market capitalization of the last 24 hours, of about $ 902,470,966,337 and a market volume of about $ 27,139,046,096.
Real-time chart of the cryptocurrency Bitcoin (BTCUSD) in a period of time of 7 days
Why NOT invest in Binance Coin today? BNB
Binance Coin is hurt by the recent rises. The truth is that several factors go hand in hand with the future of cryptocurrency. However, let’s see if it really is. Regarding the current moment, compared to a week ago, we see declines of 0.93%, which we compared with the 477.03 dollars of the current moment. There has been a drop in interest, of course it has; during the last 24 hours of up to 1.49%. We also see them in the Binance Coin market volume of the last 24 hours, of about $ 1,681,388,457 and in the capitalization of $ 80,171,568,425.
Real-time chart of the cryptocurrency Binance Coin (BNBUSD) over a 7-day time frame