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Crypto Markets Lose Hot Air, DOGE and BCH Skyrocket, 46% Chance ETH Hits $2,600 by May

Digital currency markets have seen some slight losses on Friday morning, as a great number of cryptocurrencies saw significant gains the day prior. Bitcoin dropped to a low of $60,042 during the early morning trading sessions shedding 3% during the last 24 hours.

Crypto Markets Shed Some Value After Heating Up the Day Prior

Bitcoin (BTC) has dropped in value during the most recent trading sessions, as the price per BTC slid from $63,299 to $60,042 losing 5% in value. However, the price rebounded a hair and currently, BTC is exchanging hands between $60,900 to $61,100 per unit.

Crypto Markets Lose Hot Air, DOGE and BCH Skyrocket, 46% Chance ETH Hits $2,600 by May
BTC/USD on Friday, April 16, 2021, on Bitstamp.

BTC is still up 3.86% today and 2.52% for the month. The second-largest market cap is ethereum (ETH) today and each coin is swapping for $2,374 per unit. ETH touched a high during Thursday evening’s trading sessions at $2,532 per ether.

Crypto Markets Lose Hot Air, DOGE and BCH Skyrocket, 46% Chance ETH Hits $2,600 by May
ETH/USD on Friday, April 16, 2021, on Deribit.

Binance coin (BNB) is down over 5% today, as it was trading for $542 per unit last night and today it is swapping for $522. XRP has seen phenomenal gains during the last 48 hours and on April 14, XRP touched $1.94 per unit. Currently, XRP has lost some of those gains and each coin is swapping for $1.57 per coin. Cardano (ADA) is down more than 3% today and each ADA is trading for $1.39 per token.

Crypto Markets Lose Hot Air, DOGE and BCH Skyrocket, 46% Chance ETH Hits $2,600 by May
DOGE/USDT on Binance on Friday, April 16, 2021.

The last contenders in the leading pack of top-ten cryptos include polkadot (DOT) at $41.40, dogecoin (DOGE) at $0.30, uniswap (UNI) at $35.92,

Read more from our friends at Bitcoin.com