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Bitcoin approaches USD 3,900 while the crypto-markets stabilize and the stock market shrinks slightly

Most of the 20 main cryptocurrencies report very slight gains and losses at the close of this edition. Bitcoin (BTC) is approaching the $ 3,900 mark again, according to data from CoinMarketCap.

Market display by Coin360

At the time of publication, Bitcoin has risen less than 0.5 percent on the day, trading at around USD 3,859, according to CoinMarketCap. As for its weekly chart, the current price is more than three percent lower than USD 3,971, the price of BTC a week ago, and almost 9 percent lower than USD 4,209, the mid-week high recorded on 24 February.

7-day Bitcoin price chart

Ethereum (ETH) maintains its position as the highest altcoin by market capitalization, which at the close of this edition is more than USD 14.6 billion. The second largest altcoin, Ripple (XRP), has a market capitalization of around USD 13.1 billion.

ETH is also having stability in the day, growing a little over 0.5 percent during the last 24 hours, according to CoinMarketCap. At the close of this edition, ETH is trading around USD 138, after reporting a maximum noon of around USD 141.

In its weekly chart, Ethereum has seen that its value has decreased slightly more than six percent of the price at which the week began, USD 146 and more than 16 percent since its mid-week high of USD 165 reported on February 24. .

7-day price chart of Ethereum

Ripple has lost a little more than 1 percent in the 24 hours before the close of this edition and is currently trading at around USD 0.317, according to data from CoinMarketCap. On its weekly chart, the currency lost more than three percent from USD 0.328, the price at which XRP started the week.

7-day price chart of Ripple

Among the 20 best cryptocurrencies, those that experience the most prominent change in the day are Binance Coin (BNB), which has risen almost five percent, and Bitcoin SV (BSV), on the other hand, which has fallen by five percent .

The total market capitalization of all cryptocurrencies is equivalent to more than USD 130 billion, approximately three percent less than USD 134 billion, the value reported a week ago.

7-day chart of the total market capitalization of all cryptocurrencies

The stock market is experiencing a smaller drop, the S & P 500 index was down 0.22 percent, the Nasdaq was down 0.10 percent and the Cboe Volatility Index gained 0.26 percent of its value on the day moment of publication.

Major oil futures and indices are experiencing mixed movements in the market, with WTI Crude rising 3 percent, Brent Crude 3 percent and Mars US 0.61 percent. Opec Basket has fallen 1.8 percent and the Canadian Crude Oil Index has experienced solid growth of 4 percent, according to OilPrices.

Apple co-founder Steve Wozniak said: “We have seen a creation of massive value” when asked about the potential of Bitcoin during an interview.

In addition, it was recently revealed that Ripple reportedly violates one of the Coinbase listing rules, after the cryptocurrency exchange announced that it is adding support for the altcoin in its Pro platform.

In the blockchain investment news, the Pangea Blockchain Fund debuted with its technology-oriented blockchain fund, securing USD 22 million with key investors, including Roger Ver, CEO of Bitcoin.com.

Meanwhile, the London Stock Stock Group has led an investment round of USD 20 million in the Fintech company Nivaura. The start-up blockchain is the developer, reportedly, of the first bonus crypto-nominated and liquidated by blockchain of the world.

Published inCryptocurrencies

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