Market Watch Sep.30: The battle between ETH and XRP

The crypto markets are looking lively over the past 24 hours with many of the top coins seeing gains or short loss in this period. 

Bitcoin has continued to trade within the $6500 – 6700 region while the Bitcoin’s price at press time is $6630.

The spot for the top altcoin has also changed within this period as Ripple XRP has for the third time in recent weeks, overtaken ETH as the second largest cryptocurrency by market cap.

XRP has seen nearly a 7% gain on the day with a press time price of $0.6. On the other hand, ETH market price is $235. XRP market cap is $24.3 billion while ETH market cap is $24 billion.

Sep30 BTC
BTC Sept 30. Cryptocurrency charts by TradingView. Technical analysis tools by Coinigy

The total market cap is $225 billion | BTC market cap is $115 billion | BTC dominance at 50.9%

Major Crypto Headlines

Ripple Leads Crypto Coalition Seeking Gov’t Oversight Encouraging Crypto, Blockchain. The Ripple project team is leading a group of crypto startups to lobby lawmakers and financial regulators in D.C. to support crypto and blockchain innovation.

CFTC Charges Two Defendants for Defrauding Investors and Impersonation of CFTC Officials. Illegal solicitation of bitcoin has led the Commodity Futures Trading Commission to bring Kim Hecroft and, Morgan Hunt into custody.

Opera To Explore Blockchain Opportunities, Partners With Ledger Capital. The browser has taken another bold step toward integrating cryptocurrencies and blockchain.

Significant Gainers And Losers

HollyWoodCoin (+52.49%)

The most significant gainer in the last trading session is HollyWoodCoin (HWC), with a recorded gain of  52.49% against the USD. HWC has not been steady run in the last seven days, recording gains and massive drops. HWC currently trades at $0.22 with a 24-hour volume of $314,696.

HolloyWoodCoin is a digital currency that aims to solve a number of problems and complexities associated with different stages of the Hollywood entertainment industry of Silicon Valley.

Dorado (+48.90%)

Dorado (DOR) recorded a 48.92% gain against the USD in the last trading day. DOR has been on a downward sentiment for a very long time now, and while the new gains have put smiles on the faces of investors, the current price is still nowhere near the ICO price. The surge in price could be as a result of price manipulation or the upcoming token burn. At the press time, DOR trades at $0.001563, with a daily volume of $524,485 and a market cap of$515,870.

Dorado is a project that aims to transform how goods are moved around cities with the use of blockchain technology. The Dorado ecosystem connects customers with local couriers who can deliver their products from anywhere within a few minutes.

BrokerNekoNetwork (-49.98%)

BrokerNekoNetwork (BNN) has been an underperformer in the green market over the last trading session. (BNN) was subjected to several price manipulations in the last 24 hours, and a sharp decline usually follows afterward.

Currently, the token has dropped massively in terms of price, trading volume, and market cap. BNN now trade for $0.000066 with a daily volume of $85,960 and a market cap of $197,236.

The post Market Watch Sep.30: The battle between ETH and XRP appeared first on CryptoPotato.


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