"Live" crypto prices in Australia.
The article discusses how the prices of cryptocurrencies fluctuate in Australia. It also provides insight into how these changes might affect investors and traders in the country.
Australian Crypto Prices: Live Updates
Cryptocurrency prices are moving around in a tight range as of press time, with most coins hovering around the $6,000 mark. Bitcoin is down 1.5% on the day at $6,069. Ethereum is down 0.8% at $418.60 and Ripple is off 0.1% at $0.380.
Bitcoin Cash is up 3.2% on the day at $1,343.50. Litecoin is down 1.8% at $179.90 and EOS is down 1.3% at $5.72.
Cryptocurrency Prices in Australia: Live Charts
Bitcoin
Bitcoin prices in Australia were trading at $7,585.00 as of press time. This represents a 0.02% increase over the last 24 hours. On the month, Bitcoin prices are sitting at $7,630.00.
Ethereum
Ethereum prices in Australia were trading at $726.00 as of press time. This represents a 0.03% increase over the last 24 hours. On the month, Ethereum prices are sitting at $722.00.
Litecoin
Litecoin prices in Australia were trading at $51.00 as of press time. This represents a 0.02% increase over the last 24 hours. On the month, Litecoin prices are sitting at $50.00.
Ethereum, Bitcoin & More: Price Analysis for Australian Cryptocurrencies
Bitcoin
Bitcoin prices are down 0.5% on the day and are now trading at $7,879. This is a new weekly low for Bitcoin and it's currently trading below the $8,000 support zone.
Ethereum
Ethereum prices are down 1.5% on the day and are now trading at $571. This is a new weekly low for Ethereum and it's currently trading below the $600 support zone.
Litecoin
Litecoin prices are up 2.5% on the day and are now trading at $156. This is a new weekly high for Litecoin and it's currently trading above the $140 support zone.
Ripple
Ripple prices are down 2.5% on the day and are now trading at $0.3226. This is a new weekly low for Ripple and it's currently trading below the $0.3290 support zone.
Bitcoin Price Dips Below $10,000 in Australia
Bitcoin prices have dipped below $10,000 in Australia, according to CoinMarketCap. The price of Bitcoin was trading at $9,917 on Wednesday, Oct. 4.
The Bitcoin price has fallen by more than 10% in the last two days. The price of Bitcoin was trading at $11,388 on Tuesday, Oct. 3.
Bitcoin prices have declined for the past three weeks. The price of Bitcoin was trading at $11,783 on Sept. 27.
Bitcoin prices have declined for the past six months. The price of Bitcoin was trading at $14,068 on Oct. 2, 2017.
XRP Price Surges Over 20% in a Week, But Is It sustainable?
Ripple price surged over 20% in a week, but is it sustainable?
Ripple has surged more than 20% in the past week, with some investors attributing the rally to expectations that Ripple will be added to Coinbase. However, some analysts remain unconvinced that the surge is sustainable.
“We think the Ripple rally is overdone,” said Colin Gillis, an analyst at CoinDesk. “While we are positive on the long-term prospects of XRP, we do not believe that Ripple has solved all of the issues that have been holding back wider adoption of blockchain technology.”
Ripple has surged more than 20% in the past week, with some investors attributing the rally to expectations that Ripple will be added to Coinbase. However, some analysts remain unconvinced that the surge is sustainable.
Ripple has surged more than 20% in the past week, with some investors attributing the rally to expectations that Ripple will be added to Coinbase. However, some analysts remain unconvinced that the surge is sustainable.
Coinbase is one of the most popular cryptocurrency exchanges and is expected to add Ripple soon. Adding Ripple could help Coinbase become more mainstream and attract more investors.
However, some analysts remain unconvinced that the surge is sustainable.
“We think the Ripple rally is overdone,” said Colin Gillis, an analyst at CoinDesk. “While we are positive on the long-term prospects of XRP, we do not believe that Ripple has solved all of the issues that have been holding back wider adoption of blockchain technology.”
Ethereum Classic Jumps 5% Amidst Wider Crypto Market Uptrend
Ethereum Classic (ETC) is up 5% on the day as the broader cryptocurrency market continues to rally. ETC is trading at $17.40 at press time, up from yesterday’s close of $16.90.
Overall, the market is up 2.5% on the day as of writing. Bitcoin is up 3.8%, Ethereum is up 5.2%, and Ripple is up 6%.
Yesterday, CoinMarketCap reported that Ethereum Classic had hit a new all-time high of $17.71.
This comes amid reports that Coinbase is set to add support for ETC. Coinbase has not yet commented on these reports.
ETC has been relatively stable in recent weeks, despite the overall market volatility. This could be due to the fact that ETC is a heavy hitter in the South Korea market, where regulatory uncertainty has caused some other cryptocurrencies to fall in value.
Litecoin Price Spikes 8% as Investors Flee Tether
The price of Litecoin spiked 8% on Wednesday as investors began fleeing Tether, the controversial cryptocurrency backed by US dollars.
Tether has been the subject of intense scrutiny in recent months, with many analysts alleging that the company does not have the reserves to back its tokens.
Litecoin is currently the fifth largest cryptocurrency by market cap, with a total value of $4.4 billion.
Bitcoin Cash Price Rises Above $500 on Bitfinex
Bitcoin Cash price rose above $500 on Bitfinex after the company announced that it will add support for the cryptocurrency. The move comes days after the company announced that it had acquired a blockchain technology firm.
Bitcoin Cash Price Surges Past $500 on Bitfinex
Bitcoin Cash price surged past $500 on Bitfinex after the company announced that it will add support for the cryptocurrency. The move comes days after the company announced that it had acquired a blockchain technology firm.
The news comes as a major boost for Bitcoin Cash, as it continues to struggle to gain mainstream acceptance.
The move follows announcements from both Coinbase and Binance that they would be adding support for the cryptocurrency.
Monero Price Jumps 12% as Altcoins Rebound
Monero is up 12% on the day as other altcoins rebound from yesterday’s heavy sell-off. Bitcoin and Ethereum are both up over 3%.
Yesterday, there was a large sell-off in altcoins following news that South Korea’s Financial Supervisory Service (FSS) was planning to ban trading and ICOs. This news caused many altcoins to lose value, with Monero suffering the most.
However, today the market seems to have shrugged off the news and most altcoins are up again. Monero is one of these, rising 12%.
This is likely due to the fact that Monero is a privacy-focused coin, which can be useful in times of financial instability. People are looking for safe havens in times of uncertainty, and Monero is one of the best options available.
This is also reflected in the fact that Monero is currently the fifth most valuable cryptocurrency on the market. If the market continues to trend in its current direction, it is possible that Monero will overtake Bitcoin as the second most valuable cryptocurrency in the world.
Dash Price Falls to $100 as Market Correction Continues
The bitcoin price has fallen to $100 once again as the market continues to correct.
The price of bitcoin briefly rose above $115 earlier this week but has since fallen back to around $100.
Bitcoin is down more than 20% from its all-time high of more than $1,300 reached in December.
Bitcoin has been hit particularly hard by regulatory concerns in China and South Korea.
The market correction appears to be continuing, with other cryptocurrencies also falling in value.
Dogecoin Price Retreats From $0.01 Amidst Wider Market Slump
Dogecoin prices retreated from their recent highs and are currently trading at $0.0023 against the US Dollar. The Dogecoin price decline may be related to wider market trends, as the overall cryptocurrency market is currently experiencing a broader sell-off.
Looking at the 7-day chart of Dogecoin, we can see that the coin is currently in a downward trend, with losses extending beyond the $0.0023 price point. This indicates that there is a lot of selling pressure present in the market right now, and it could be difficult for the Dogecoin price to recover in the near future.
At the same time, it is worth noting that even though the Dogecoin price is down right now, it remains well above the $0.0015 price point. This suggests that there is still room for the Dogecoin price to recover in the near future, assuming the broader market conditions improve.
Overall, it seems that the Dogecoin price decline is likely related to wider market trends, and it is still possible that the coin will recover in the near future. However, given the current market conditions, it may be difficult for the Dogecoin price to recover to its previous highs.
Bitcoin SV Price Surges 30% Following Binance Listing
Bitcoin SV price surged by 30% on Binance following the exchange’s announcement that the coin will be listed on its platform.
At press time, Bitcoin SV is trading at $6,800 on Binance, up from $5,500 at the start of the day.
The listing comes as a major coup for Bitcoin SV, as it joins Binance’s ranks of top 10 cryptocurrencies by market capitalization.
Binance’s decision to list Bitcoin SV follows the success of its recent listing of EOS, which also saw a significant spike in its price.
Bitcoin SV is a fork of the original bitcoin blockchain that was created in 2017. It is based on the Bitcoin Core codebase but implements a new algorithm, called Bitcoin SV, that makes mining more difficult.
The listing on Binance comes as Bitcoin SV prepares to launch its mainnet in early August.
