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Thursday, Jan. 24 – The 20 largest crypto-currencies are trading primarily with losses and small gains. Bitcoin (BTC) currently exceeds $ 3,600, according to data from CoinMarketCap.
Visualization of the Coin360 market
At the time of writing, Bitcoin continues to trade around the $ 3,600 threshold as it did yesterday. The current price is $ 3,610, up 0.65% over the day. On its weekly chart, Bitcoin is down 1.4% from USD 3 670 on January 17th.
Bitcoin price chart over 7 days. Source: CoinMarketCap
Ripple (XRP) recorded minor gains that day, up nearly 0.5% at the time of the press and trading around $ 0.317. On its weekly chart, the second largest market capitalization cryptocurrency fell more than 3% from $ 0.328 on January 17.
Price chart for 7 days of waving. Source: CoinMarketCap
The third largest Ethereum cryptocurrency (ETH) has traded in the range of $ 115 to $ 120 over the past four days. Ethereum is trading at 117.70 USD up 0.15% over 24 hours. On its weekly chart, the major audoin is down 4.25% from $ 123.47 on January 17th.
Ethereum table on 7 days. Source: CoinMarketCap
Over the 24-hour period, Monero (XMR), Litecoin (LTC) and Dash (DASH) increased slightly by 3.13%, 2.76% and 3.41%, respectively. During the same period, the three altcoins are trading at $ 46.45, $ 32.92 and $ 73.61 respectively.
AltCoin Major Bitcoin Cash (BCH), which experienced a sharp decline in November 2018, lost 2.73% at the time of the press and is trading at $ 129.51, according to CoinMarketCap.
At the time of the press, the total market capitalization of all crypto-currencies had risen to more than 120.5 billion dollars, rising from a slight slowdown over a period of 24 hours. On its weekly chart, market capitalization is down 1.6% from $ 122.5 billion on January 17th.
Total market capitalization over 7 days Source: CoinMarketCap
Earlier today, badysts at the world's largest investment bank JP Morgan predicted that the price of Bitcoin could fall further, possibly below $ 1,260, because in their view the value cryptocurrencies remain largely to prove.
Analysts believe that cryptocurrencies only make sense in a hypothetical "dystopian" event, in which investors have lost confidence in key traditional badets such as gold and the US dollar.
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