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At the dawn of Thursday night, the cryptocurrency market continues to feel uncomfortably calm, with the price of bitcoin stabilizing at less than US $ 3,400 in the final days of the Chinese New Year celebration. an event that, according to some badysts, depresses crypto-trading volumes.
In the markets of the altcoins, Bitcoin SV has made a pivot higher than 60 USD, but still has not regained its position of n ° 10 in terms of market capitalization. The basic attention symbol has jumped 10% today. Ethereum did not do much in both cases. Is the price of most tokens on the verge of becoming much more accessible to retail investors? From our current state, there is not much evidence to the contrary.
As mentioned earlier, Ripple made an announcement this morning, but failed to raise the price of the XRP.
We are excited to partner with 11 new universities around the world to contribute to the growth of the blockchain ecosystem and support the industry leaders of tomorrow! https://t.co/QR9TsWhIdj
– Ripple (@Ripple) February 7, 2019
Bitcoin price consolidates below $ 3,400
Bitcoin has two main markets that this column follows. One is Coinbase and the other is Bitfinex. They represent good opposites of each other. Bitfinex is a former statesman practicing professional crypto trading, while Coinbase captures a large portion of the integration and retail market.
The division between Bitfinex and Coinbase was closed at midday.
For most of the morning, Bitfinex managed to keep its price a little higher than Coinbase. Then around noon, things started to crumble and, at one point, Bitfinex had a lower price than Coinbase. That did not hold, however, but now prices are closer to each other: $ 3,456 on Bitfinex and $ 3,358 on Coinbase.
Ethereum price flirting with the level below $ 100
In the absence of a positive momentum, the absence of overall dumping is an advantage. Is the $ 100 Ethereum a long-term reality or can we expect a rebound when upgrading the network next month?
Ethereum remained motionless for 24 hours, without going far back and forth.
One thing is certain, we have not seen the truly deadly dharma built on the ecosystem yet. Telegram's Ethereum alternative is expected to be tested next month in testnet. Its market capitalization in presale already places it in the top 10. Can we attend a fierce competition with Ethereum? We have already seen this story. The only way to see things from the merchant's point of view is to be open to this possibility.
Bitcoin SV mounts a recovery
Bitcoin SV briefly fell below $ 60 yesterday, but quickly performed a bouncing push.
Craig Wright's Bitcoin SV could be considered a philosophical decision at this stage.
Throughout the day, he managed to stay on top of his new "support". Nevertheless, a return to past glory is unlikely. When Bitcoin and Bitcoin Cash are both fighting, BSV seems to struggle harder. BCH and BSV are working hard to develop an ecosystem for developers offering advantages over Bitcoin itself, but the value of this environment remains to be determined in terms of the market.
However, deciding to take a Bitcoin SV bag at this stage is a philosophical decision. If you believe in the "vision", then there will probably be no better opportunities for the future.
The Brave BAT token is steaming
The basic attention has grown in the last 24 hours, reaching almost 10% in some markets.
BAT has jumped almost 10% over the 24-hour period.
The interest in the token has been renewed recently, while the Brave browser has begun its last attempt at stable development. Coinbase recently launched a program to donate $ 10 in BAT to people who have completed a learning challenge on their Earn.com platform.
Some publications, including CCN, are disrupted by the idea of a browser offering advertisements but blocking advertisements for sites to work.
Featured image of Shutterstock. TradingView Price Charts.
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