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Tuesday, March 12 – Crypto markets are moving sideways, with a total market capitalization of $ 133 to $ 134 billion, and Bitcoin (BTC) holds $ 3,900 for most of the day.
The top 20 market capitalization crypto-currencies posted mixed signals, with losses of no more than 1.1%, while some coins experienced growth of more than 3% over 24 hours at the time of publication.
Visualization of the Coin360 market
Bitcoin is trading at US $ 3,912 at the time of publication, up about 0.3% over the past 24 hours. The largest cryptocurrency reached $ 3,925 earlier in the day, while the lowest intraday is $ 3,863. At the time of going to press, bitcoin has increased about 0.7% over the last 7 days.
Bitcoin graphic price over 24 hours. Source: CoinMarketCap
Ethereum (ETH), the second largest market capitalization cryptocurrency, trades at $ 134.27, up 0.4% over the last 24 hours. The upper altcoin is down about 1.86% in the last 7 days.
Today, the chairman of the US Securities and Exchange Commission (SEC), Jay Clayton, has confirmed that Ethereum and similar cryptocurrencies are not securities governed by the American law. However, according to recent reports, Clayton agreed that it was appropriate that the definition of a digital asset as a security can change over time.
Recently, the Ethereum Sparkpool mining site confirmed the signing of an agreement with a user who accidentally sent him more than $ 300,000 in mining rights on March 11th.
Ethereum price chart 7 days. Source: CoinMarketCap
Ripple (XRP), the third-largest market capitalization cryptocurrency, was down 0.03%, trading at around $ 0.3107 at the time of publication. The major change is down about 1.34% over the last 7 days.
Price chart for 7 days of waving. Source: CoinMarketCap
Dash (DASH), the 15th largest coin by market capitalization, has the fastest growth among the 20 best coins by market capitalization at the time of the press. Up 10%, the chip is trading at $ 91.65 at the time of publication.
In contrast, Cardano (ADA) is down about 0.7% today, which is the biggest loss among the 20 largest crypto by market capitalization.
The total market capitalization is between $ 133 and $ 134 billion for most of the day. The daily trading volume is $ 32 billion at the time of printing.
Total market capitalization over 7 days Source: CoinMarketCap
Earlier in the day, the official portfolio of the world's largest encryption exchange, Binance, added support for Ripple's credit card purchases and XRP token. Binance's trusted portfolio now allows users to purchase XRP, BTC, Bitcoin Cash (BCH), Litecoin (LTC) and ETH with credit or debit card, following a partnership with the payment operator simplex.
US stock markets received mixed signals today, with the Dow Jones Industrial Average (DJIA) down 0.25% at the time of publication, while the S & P 500 (SPX) and Nasdaq (NASDAQ) Composite were up 0.4% and 0.6% respectively. . According to CNBC, the drop in DJIA came on the heels of the fall of more than 6% in Boeing shares.
At the same time, oil prices have risen, which would be supported by Saudi Arabia's plan to voluntarily reduce supply in April and a reduction in Venezuelan oil exports due to a power failure, as reported by CNBC. World-leading crude oil and West Texas Intermediate (WTI) crude oil rose 0.2% and 0.25% respectively, while OPEC surged 1.9% at press time, according to news reports. Oilprice.com.
Gold prices also experienced some growth on Tuesday, apparently supported by a weaker US dollar in the Brexit negotiations between the European Union and the UK, according to CNBC. The spot gold price increased by approximately 0.6%, while the US futures price increased by almost 0.9% at the time of the press.
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