Crypto Price Watch: Bitcoin, Ethereum, Bitcoin Cash, Ripple and Litecoin Climb Further into the Green

While a $10,000 price boost is still considered possible and BTC is lying on an ascending plane, a drop to $8,700 could occur granted support for the currency falls below present levels.

The organization suggests a massive correction could hit Bitcoin and its crypto-cousins by the end of the year.

Representatives have released a report that suggests the entry of many institutional investors into the marketplace in recent months, eager to cash in on the action that brought Bitcoin up to $19,000+ in December.

While this has led to positive short-term results, their decisions will inherently drive more retail players into the game, who will purchase Bitcoin and altcoins for extremely high prices.

This will cause the crypto arena to experience heavy price falls, thus spreading panic and causing massive sell-offs which could spark the massive correction discussed in the report.

Ripple is currently trading at $0.84, a three percent spike from our previous price article.

Bitcoin Cash is currently hovering at $1,438 - an 11 percent jump since our previous article.

Litecoin is testing traders' patience by refusing to incur higher spikes.

Recently Wirex - a provider of crypto debit cards - announced it would be fully integrating Litecoin into its blockchain payment cards, allowing users to make payments and trade dozens of altcoins in exchange for Litecoin.

The cryptocurrency market cap has risen dramatically since our last price article and now stands beyond $428 billion.