Crypto update: Bitcoin, Ethereum, Ripple, EOS, Stellar, and Cardano climb higher

It has been a reasonably positive 24 hours of trade for the crypto market.

The market has managed to consolidate its position with small gains being seen across the major coins.

This has left the value of the entire market at US$301.8 billion according to Coin Market Cap, up just a little under 1% since this time yesterday.

Here is the state of play on Thursday morning:

The Bitcoin (BTC) price has risen 0.3% over the last 24 hours to US$8,276.22 per coin, lifting its market capitalisation slightly to US$142.1 billion. The Bitcoin price has managed to rise an average of almost US$100 per day so far this month.

The Ethereum (ETH) price has moved 0.2% higher over the period to US$476.08 per token. This latest gain means the ETH market capitalisation now stands at just over US$48 billion.

The Ripple (XRP) price has been one of the better performers, rising 1.9% since this time yesterday to 46.35 U.S. cents. Ripple now has a market capitalisation of US$18.2 billion.

The Bitcoin Cash (BCH) price has gone against the grain and fallen 1.2% over the last 24 hours to US$844.30. This has reduced the Bitcoin offshoot’s market capitalisation to just under US$14.6 billion.

The EOS (EOS) price has climbed 0.8% over the period to US$8.56 per token. This has edged the alt coin’s market capitalisation to just under US$7.7 billion.

Once again it was a similar story outside the top five, except for Stellar (XLM). The fledgling alt coin has continued its remarkable run with a gain of almost 10% to 32.9 U.S. cents.

As well as being a potential new addition to the CoinBase platform, traders appear pleased to see that international money transfer company TransferTo has partnered with Stellar instead of Ripple. TransferTo provides its services in over 70 countries.

Elsewhere, Litecoin (LTC) has fallen 1.2%, Cardano (ADA) is up 0.2%, IOTA (MIOTA) has risen 1.5%, and Tether (USDT) is 0.1% higher.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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