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MONDAY, Feb. 25 – Cryptocurrency markets have been receiving mixed signals since press time, with some reporting some recovery after the February 24 fall, while others continue to retreat.
Market View by Coin360
The main Bitcoin cryptocurrency (BTC) is up 1.4% over the last 24 hours and is trading at around $ 3,884 at the time of the newspaper's publication. Bitcoin experienced low volatility during the day, falling to $ 3,807, while the highest intraday was $ 3,912.
As for the weekly display, Bitcoin lost less than one percent, the highest price being set at $ 4,209 on February 23, after which the coin fell to about $ 3,806. .
Bitcoin price chart over 7 days. Source: CoinMarketCap
Earlier in the day, Warren Buffett, CEO of Berkshire Hathaway, defined bitcoin as an "illusion" and said he was attracting "quacks". It's an illusion, basically. "
Ethereum (ETH) is up almost 1 percent on the day, hovering around $ 140 at the time of the press. The second largest coin had low volatility during the day, with $ 142 as the highest price and a low of $ 135. Yesterday, the ETH experienced a severe recession, from around $ 165 to $ 140.
Ethereum price chart 7 days. Source: CoinMarketCap
Ripple (XRP) is a big winner of the day, having gained 8% at the time of the press and trading at $ 0.327. On its weekly chart, the XRP is up 1.47%, while the monthly gains of the altcoin are around 3.28%.
As noted earlier in the day, Coinbase Pro, the professional offering of the US-based crypto-trading platform and coin purse service, Coinbase, now supports Ripple's XRP token. XRP's full trading will be available to customers in the United States, Canada, the European Union, the United Kingdom, Singapore and Australia.
Price chart for 7 days of waving. Source: CoinMarketCap
Among the 20 largest encrypted currencies, Bitcoin SV (BSV) has increased the most during the day, recording a 9.75% increase and trading around $ 67.62 at the time of publication, according to CoinMarketCap. The highest price of the coin that day was about $ 71.68, with a minimum of $ 65.10.
Bitcoin price table SV on 1 day. Source: CoinMarketCap
The total market capitalization of the 2,090 numeric currencies listed on CoinMarketCap is currently about $ 131.6 billion, down from its peak of $ 143.7 on February 23 of the week.
7-day chart of the total market capitalization of all CoinMarketCap crypto currencies
Recently, an anonymous hacker managed to transfer 2.09 million EOS ($ 7.7 million) from a hacked account due to an alleged update by a block producer EOS (BP). The Huobi Global Cryptography Group's security team, which uses the EOS Core Arbitration Forum (ECAF) blacklist data, has detected that assets are flowing from blacklisted EOS accounts to Huobi accounts.
The Blockchain development platform and the owner of BitTorrent, Tron, will debut with a multitude of upgrades via a hard fork at the end of the month. The hard range would ostensibly offer the institution's processing capabilities, as well as other features such as multiple signature capabilities and account management options.
In traditional markets, the Dow Jones Industrial Average (DJIA) and the S & P 500 since 1987 represent the best start to the year, with respective increases of 0.23% and 0.12%. Over a period of 36 trading sessions, the Dow Jones would have jumped 11.6% and the S & P 500 11.4%.
Palladium hit a new record of $ 1,531 an ounce today, following the threat of strikes in the South African mining sector, which aggravate the metal supply deficit, according to CNBC. Since August, the product has climbed more than 80% due to a persistent supply shortage.
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