14th — 21st January | Weekly Market Analysis | Menstruating Coins?

We are able to see that the markets are menstruating once again — obviously, as you can see in the clear decline of percentages and the bearish graphs. Let’s take a look at the current stand of the market.

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Bitcoin (BTC)
The price of Bitcoin is currently at $10,742.10 which shows a -22% decline in comparison to last Sunday’s closing position, which was at $13,772.
The market cap of Bitcoin is currently at $180,6 billion which shows a -25% decline in comparison to last Sunday’s market cap, which was at $241,4 billion.

Ethereum (ETH)
The price of Ethereum is currently at $987.14 which shows a -27% decline in comparison to last Sunday’s closing position, which was at $1,366.
The market cap of Ethereum is currently at $95,8 billion which shows a -29% decline in comparison to last Sunday’s market cap, which was at $135,5 billion.

Ripple (XRP)
The price of Ripple is currently at $1.23 which shows a -33% decline in comparison to last Sunday’s closing position, which was at $1.86.
The market cap of Ripple is currently at $47,8 billion which shows a -38% decline in comparison to last Sunday’s market cap, which was at $78,1 billion.

Bitcoin Cash (BCH)
The price of Bitcoin Cash is currently at $1,605.31 which shows a -37% decline in comparison to last Sunday’s closing position, which was at $2,553.32.
The market cap of Bitcoin Cash is currently at $27,1 billion which shows a -40% decline in comparison to last Sunday’s market cap, which was at $45,4 billion.

Cardano (ADA)
The price of Cardano is currently at $0.55 which shows a -31% decline in comparison to last Sunday’s closing position, which was at $0.80.
The market cap of Cardano is currently at $14,4 billion which shows a -36% decline in comparison to last Sunday’s market cap, which was at $22,8 billion.

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In terms of trading, I would personally stock up on a few coins at the moment — as we buy in the red, sell in the green — because in a few weeks time you could see a good ROI and profit.

If you are looking for coins to invest in at this time, I would advise to wait at least another week to see if the market will stabilise further.

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