Cryptocurrencies – our daily report (10.23.2021)

Bitcoin

Since yesterday, Bitcoin has experienced a noticeable decrease in value. The price of the oldest cryptocurrency has been stable for the last couple of hours, although it might keep decreasing in value. We suggest that you keep a close eye on Bitcoin prices, as there might be a new investment window opening up.

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

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

Current price: $60 536 | €51 976

iStock.com/matejmo

Ethereum

The price of Ethereum has also been steadily decreasing for the past 24 hours, falling below the coveted $4 000 mark. This makes it a good time to invest in the second biggest cryptocurrency, as prices are bound to increase in the future.

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

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

Current price: $3 986 | €3 422

iStock.com/BackyardProduction

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/ozgurdomaz

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: $1.09 | €0.95

iStock.com/Andres Victorero

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 increased by a small amount. Growth is expected in the future.

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

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

Current price: $2.15 | €1.86

iStock.com/Dennis Diatel Photography

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 decreased.

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

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

Current price: $44.19 | €37.94

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 right now is perry much exactly the same as yesterday.

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