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Home News Binance News

Binance Coin price up by 7 percent: Leading crypto market gains

Johnson Go by Johnson Go
Oct 14, 2019 02:55 am
in Binance News
2 min read
Binance Coin price up by 7 percent: Leading crypto market gains
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The greatest gain of any cryptocurrency at the moment is of Binance Coin price that went up around seven and a half percent (7.5%).

Even though Bitcoin (BTC) is still lurking around eight thousand two hundred dollars ($8,200), the most popular cryptocurrencies are moving towards mild gains which generally range from one to two percent (1-1.5%).

Binance Coin price chart 13 October 2019Binance Coin price chart by Trading View

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At the time of writing Binance Coin price hovers between eighteen and eighteen and a half dollars ($18 to $18.5).

Binance coin price against cryptocurrencies

For a major part of the day, the Bitcoin price has been alternating from eight thousand three hundred dollars ($8,300) to eight thousand four hundred dollars ($8,400). Its gains have been around one percent (1.2%) in the last twenty-four hours.

Tim Draper, a billionaire investor, predicted that Bitcoin might bring about a change in how governments govern worldwide. Since Bitcoin is the startup currency, it might bring the world closer together.

The decentralization of Bitcoin and peer-to-peer interaction has brought the world a little closer and the geographical boundaries have been rendered immaterial when it comes to trading. The economy will grow out of bounds of the tolls and taxations of the dictators. The world has united economically.

Ripple’s cryptocurrency, XRP, has induced three percent gains within the last day and is presently trading at about one-quarter of a dollar ($0.280) per coin. Its weekly gain is about seven percent. Clients will be provided on-demand liquidity by Ripple instead of having them buy xCurrent or xVia.

On the other hand, Ethereum is gaining towards one hundred and eighty-four dollars ($184) per coin after having fallen down to one hundred and eighty dollars ($180).

In conclusion, the top twenty cryptocurrencies have been showing gains within the last twenty-four hours (24hrs) instead of Chainlink which is put down by two and a half percent (2.5%).

The inclusive crypto-cap has increased from two hundred and twenty-four billion dollars ($224b) to two hundred and twenty-seven billion dollars ($227b) out of which around sixty-seven percent of the credit goes to BTC.

Johnson Go

Johnson Go

Blockchain enthusiast, project management specialist, writer and crypto investor. JG deals mostly with problems and solutions of crypto projects and provides market outlook for investments. He contributes his analytical skills to projects.

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