- Top three coins held their grounds.
- Binance Coin and Cosmos turned out to be the biggest losers of the day.
As covered by FX Street, the largest cryptocurrency exchange in the industry, Binance, suffered a devastating hack attack where 7,000 Bitcoins were lost. Following this news, it was widely expected that the price of cryptos was going to go on a downward spiral. However, it looks like the bulls of multiple projects held their ground to stop any devastating price actions.
Top three projects
- BTC/USD bulls held their ground and managed to take the price up from $5,750 to $5,895 this Wednesday. As of now, they are still flirting with the $6,000-level.
- ETH/USD bulls also took its price up from $169.75 to $171.50. This followed a bearish Tuesday when the price went from $174.60 to $169.75.
- XRP/USD bulls managed to keep the price in the $0.30 level as it went up from $0.2995 to $0.3022.
Biggest winners and losers among the top 20
- Bitcoin SV (BSV) went up by 6.46% and is currently trading for $56.86.
- Binance Coin (BNB) understandably went down from 5% and is trading for $20.63.
- Cosmos (ATOM) went down by 7.70% and is trading for $4.36.