Cryptocurrency Prices 5 Aug , 2021

cryptocurrency prices aug 5 2021

Yesterday bitcoin showed clear weakness. The cryptocurrency was declining, coming close to $37,500. It seemed that soon a strong fall should follow, but it did not happen. On the contrary, the price of BTC sharply began to grow and reached the level of $40,000.

Nevertheless, the first cryptocurrency failed to break this level and continue its growth. This morning we saw the fall of quotes, which led to the level of $38,000.

Many altcoins showed similar dynamics. At first they all started to grow and then fell sharply.

Of the top 100 by capitalization, AAVE and VGX stand out. The first coin rose in price by 15%, the second by 20%.

The fall in the UMI market accelerated today, bringing the price to $0.12 before rebounding to $0.14.

📍BTC $38,167 (+0.91%)
📍ETH $2,609 (+5.19%)
📍USDT $1 (-0.01%)
📍BNB $326 (+1.39%)
📍ADA $1.36 (+2.15%)
📍XRP $0.713 (+1.9%)
📍USDC $1 (-0.02%)
📍DOGE $0.196 (-0.24%)
📍DOT $18.42 (+6.61%)
📍UNI $22.73 (+7.69%)

📍XLM $0.2712 (+1.37%)
📍TRX $0.06847 (+6.02%)
📍UMI $0.14 (-22.22%)

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Jack Evans

About the author

I became a crypto asset owner in 2014, when the industry was in its infancy. Before that, I was working in the classic US and European stock markets. Since then, I have gained extensive experience in both cryptocurrency investing and day trading. I am happy to share with readers my experience with crypto exchanges, DeFi and NFT instruments. 

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