Cryptocurrencies – our daily report (10.22.2021)

Bitcoin

After reaching an all-time high, the prices of Bitcoin have been relatively stable, although experiencing a slight decrease. It is unclear when the trend of growth will continue; however, it is almost certain that it will.

Price at its lowest this year: $30 191 | €26 068

Price at its highest this year: $66 974 | €57 476

Current price: $62 789 | €53 989

iStock.com/Vertigo3d

Ethereum

Ethereum has also decreased slightly since it reached an almost all-time high. Although the value has decreased, it had retained stability. It didn’t reach a peak value as we speculated; however, we think that it is going to experience more growth in the near future.

Price at its lowest this year: $733 | €632

Price at its highest this year: $4 379 | €3 757

Current price: $4 120 | €3 542

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Dogecoin

The Australian parody cryptocurrency has been relatively stable during the past couple of months. Unlike other cryptocurrencies, there isn’t the tendency for a sharp increase in price for Dogecoin. The investment potential of Dogecoin is great, as more and more websites and businesses allow transactions, using the currency.

Since yesterday, the price of Dogecoin has remained practically unchanged.

Price at its lowest this year: $0.005173 | €0.0045

Price at its highest this year: $0.740 | €0.64

Current price: $0.24 | €0.21

iStock.com/Stuart Partidge

Ripple (XRP)

Ripple has been relatively stable throughout the second half of 2021. There is a decent chance that prices will reach an all-time-high in the near future, although for the past couple of months the value has stayed roughly the same. It is a decently stable investment, but you should never invest too much in any cryptocurrency.

The price of Ripple has decreased by a small amount during the past 24 hours, after which it has remained stable.

Price at its lowest this year: $0.238 | €0.21

Price at its highest this year: $1.81 | €1.56

Current price: $1.10 | €0.95

iStock.com/gopixa

Cardano

Cardano aims to directly compete with Ethereum and other similar decentralized platforms as a more secure, scalable, and efficient alternative. Since the beginning of the year, this currency has more than doubled in price. In recent months it has also remained quite stable. This also makes it lower-risk, relatively stable investment.

During the past 24 hours, the price of Cardano has also decreased by a small amount. It has also reached stability, although growth in the future is expected.

Price at its lowest this year: $1.06 | €0.92

Price at its highest this year: $3.10 | €2.66

Current price: $2.18 | €1.87

iStock.com/salarko

Polkadot

One of the more recently popular cryptocurrencies, Polkadot claims to be one of the more environmentally friendly currencies of its kind. After a steep fall in price in May, Polkadot has recovered from its pitfall, gradually increasing to an almost all-time-high. It seems that this cryptocurrency is also going to be on the rise in the foreseeable future.

Since yesterday, the value of Polkadot has increased by more than $2 once again. We advise you to keep a close eye on this cryptocurrency, as it seems as one of the most promising newer currencies.

Price at its lowest this year: $10.80 | €9.33

Price at its highest this year: $46.85 | €40.46

Current price: $45.09 | €38.77

Stellar

Stellar has remained very stable for years, although it used to be low in price. This May, however, this cryptocurrency reached its all-time-high, after which it suffered a steep fall, similar to many other cryptocurrencies. The current trend for Stellar is a gradual increase, which could also lead to a new all-time-high for this currency.

The value of Stellar has decreased by a small amount, although has been mostly stable.

Price at its lowest this year: $0.132 | €0.11

Price at its highest this year: $0.735 | €0.63

Current price: $0.375 | €0.32