Bitcoin price hovers around $ 9,600 as ether surpasses $ 210 on May 18

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While Bitcoin revolves around USD 9,600 on May 18, currencies such as ZCash, Ether, Bitcoin Cash and Bitcoin SV Register increases in their prices.

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After we approached $ 10,000 and fell again last weekend, the price of Bitcoin on March 18, it is around $ 9,600 again, while other digital currencies are on the rise and have developed favorably in the past 24 hours.

Bitcoin hovers around $ 9,600 on May 18

We start this analysis by examining the development of the price of Bitcoin (BTC), digital currency, quoted at around USD 9,657 at the time of publication, with a slight decrease of 0.77% compared to yesterday.

Bitcoin price history May 18
Price development Bitcoin May 18. picture of Daily crypto markets Bitcoin

After carefully examining the behavior of the digital currency last weekend, we found that its price fell somewhat on Friday, May 15, and then recovered on Saturday. The most interesting moment, however, was yesterday morning when Bitcoin It was quoted above USD 9,810 and reached USD 9,900 hours later to see a slight decline later, which was pronounced in the early morning hours of May 18.

Bitcoin price history May 18
Price development Bitcoin May 18. picture of Daily crypto markets Bitcoin

Another interesting fact that needs to be highlighted is the volume of day-to-day operations, which has increased by more than $ 6,000 million in the past 24 hours and is currently $ 43,534 million at the time of publication.

ether and main Old coins You are on the rise

For his part, one of the pleasant surprises was Ether (ETH), digital currency network Ether, The company is back at $ 210, despite a slight decline in the early morning hours of March 18 and a 2.8% global rise from yesterday.

Similar to this case, with increases of more than 2% we have the case of Bitcoin Cash (BCH), Bitcoin SV (BSV), Tezos (XTZ), Cardano (ADA), Crypto.com Coin (CRO) and ZCash (ZEC)Priced at USD $ 246 / USD $ 198 / USD $ 2.72 / USD $ 0.05 / USD $ 0.06 or USD $ 48.

Win and lose cryptocurrencies for May 18

In addition to ZCash, Among the digital currencies with the highest percentage increase for this May 18, we have SOLVE and NANOwith prices of $ 0.13 (+ 18.05%) and $ 0.79 (+ 5.19%).

Meanwhile with the steepest percentage decline Soul-N (SOUL), DigiByte (DGB) and Zilliqa (ZIL), Trade at around USD $ 0.00 (-10.61%), USD $ 0.02 (-7.67%) and USD $ 0.01 (-6.11%).

Cryptocurrencies win and lose May 15
Cryptocurrencies win and lose May 15. Image from Daily Crypto Markets Bitcoin

Traditional markets and oil prices

After all, the price hike in the major digital currencies for May 18 is in contrast to the price hike in the major stock markets at the time of the opening.

This is reflected in the NASDAQ, Dow Jones and S&P 500, Which open higher today, up 1.75%.

The oil price in turn WTI It also opens slightly higher as its price is currently trading at around USD $ 32.11 (+ 8.77%) while crude Brent It’s at USD $ 34.67 (+ 6.77%).


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Source: Daily bitcoin markets, CoinMarketCap

Angel Di Matteo’s report / DailyBitcoin

picture of Unsplash

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