On 17 July, Bitcoin has seen an increase in prices for the last 24 hours by 0.14%. This has remained unchanged today as well. Other major cryptocurrencies like Tether and Litecoin have seen a dip in prices by 0.10% and 0.05% respectively. Bitcoin at the time of writing was capped at $9,123.79 while Ethereum with a rise of 0.01% in the last 24 hours was capped at $233.15. While Bitcoin Cash with a fall in price by 0.15% is capped at $222.82.The Binance Coin with a dip of 2.12% was capped at $17.02. Although Bitcoin in the last 7 days been dipping with a cap of 1.21% and at the time of writing, for the past 1 hour by 0.07%, considering the time period for the last 24 hours it is performing well. Tether, unfortunately, has been dipping over the timescale of 1 hour, 24 hours, and 7 days respectively, and has seen red at 0.05%, 0.10% & 0.04% respectively.
Bitcoin Gold is performing well over the time scale of 1 hour and 24 hours respectively where it has gone green at the time of writing by 0.51% and 0.98% respectively. But overall it has seen a dip if we compare its performance over the past 7 days. In the past 1 hour, most of the cryptocurrencies have seen red. Compared with the benchmarking of 24 hours, the situation seems to improve as most have seen green.
But with the timescale of 7 days, most of the major cryptocurrencies like Bitcoin, Ethereum, Tether, XRP, Bitcoin Cash, and Bitcoin Gold has seen red. The situation seems to be optimistic considering that in the past 1 hour, Ethereum, Bitcoin Cash, and Bitcoin Gold has gone green. Cardano is another major cryptocurrency that has seen red even in the time scale of 1 hour, 24 hours, and 7 days respectively. Litecoin is recovering from its dip in the past 7 days and has gone green in the past 1 hour and 24 hours respectively. Chainlink is improving after it has seen red for the last 24 hours and for the past 1 hour it has seen green at 0.76%.
Stay tuned and wait for the right moment, if you want to buy Bitcoin and other altcoins. However, if you want to invest in stablecoin like Tether, this is surely the right time to invest to get profitable returns in the future.