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Bitcoin price gains over $2000 in seven days as the market shows double digit gains

Bitcoin price has gained exponentially over the past week, along with the rest of the cryptocurrency market which has double digit increases.

Written by Becky Leighton Published on

Bitcoin seems to be making its mark again as it reaches new heights for the first time in six months. As it climbs in price and reaches ‘bull-run’ status, the token is influencing the rest of the market as it goes up.

Taking a look at the tokens from over the week, we’re seeing massive increases in the market, with some of the leading cryptocurrencies seeing double-digit gains.

Bitcoin price

Bitcoin price

Over the past seven days, Bitcoin price has gained over $2000 in value. Heading from a weekly low of $5876.61 to soar to a price of $8078.87, it’s easy to see from both the chart and the figures that Bitcoin is on a positive trajectory. This could be raised by sentiment as the price rises further combined with the Consensus conference which is currently occurring in New York. This shows a whopping 37.47% jump in seven days.

Ethereum price

Much like Bitcoin, Ethereum has also gained a great deal over the past seven days. Currently, Ethereum price is sitting at $232.23, which is a 38.85% increase from the $167.25 value it was holding this time last week.

The price of Ethereum is often directly influenced by the price of Bitcoin and taking a look at the charts and the percentage of increase, it is no different at present.

Ethereum price

Ripple price

Ripple, unlike Ethereum, does not often trend in a similar way to Bitcoin. At present, however, XRP has gained 33.7% as the market rises in price. The weekly low of XRP of $0.294114 can be compared to the much more bullish $0.443652. The price spike has been a recent one, with the token gaining steadily over the past 24 hours much more than the days prior. At present, XRP is looking at a 14.74% daily increase.


Ripple price

Bitcoin Cash price

The past seven days have brought a 28.58% increase to Bitcoin Cash which is sitting at $389.89, up from a weekly low of $278.45.

While Bitcoin Cash has gained over the past week, it is the only token in the top twenty cryptocurrencies to be showing red in day-on-day trading. Bitcoin Cash is currently looking at a 0.86% decrease in daily trading.

Bitcoin Cash price

 

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Written by

Internet writer looking to find the right piece. Also presents things on radio and happens to be a chip off the old blockchain. @BeckyRLeighton

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