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Wednesday, February 20 – Cryptocurrency markets turn to green after side trading early in the day. Almost all the top 20 coins have minor wins, according to CoinMarketCap data.
Visualization of the Coin360 market
Earlier today, Bitcoin (BTC) crossed the $ 4,000 threshold to reach the $ 4,010 mark. However, at the time of publication, the main cryptocurrency is trading at less than $ 4,000, at about $ 3,981, after earning just 1% in the past 24 hours. On its weekly chart, BTC had its lowest price, around $ 3,618, on February 15th.
Bitcoin price chart over 7 days. Source: CoinMarketCap
Ethereum (ETH) is currently trading at $ 147.62, up nearly 2.5% on the day at the time of the press. The altcoin is up about 20% from its price of about $ 123 at the start of the week. Over the month, ETH is up more than 18%
Ethereum price chart 7 days. Source: CoinMarketCap
The third-largest digital currency in terms of market capitalization, Ripple (XRP), gained 1.48% on the day and is trading around $ 0.329 at the time of the press. On its weekly chart, the XRP rose 8.10%, while the coin posted a 0.3% loss over the month.
Price chart for 7 days of waving. Source: CoinMarketCap
Meanwhile, EOS (EOS) posted steady gains, up 34% on its weekly chart and 56% over a 30-day period. At the time of the press, the EOS has risen 7.76% over the past 24 hours and is trading at $ 3.83.
7-day EOS price chart. Source: CoinMarketCap
Of the top 20 numeric market capitalization currencies, only Binance Coin (BNB) and Tether (USDT) posted losses last day, down 0.24% and 0.39% respectively.
Today, BitGo, an institutional level cryptocurrency investment services firm, has announced that it will provide portfolio and retention support for Tron Cryptocurrency (TRX). . TRX has not yet reacted to the news, up 1.66% to the day and to 0.0251 USD at the time of the press.
The total market capitalization of CoinMarketCap's 2,074 cryptocurrencies is currently about $ 134.8 billion, up from $ 121.3 billion a week ago.
Total market capitalization over 7 days Source: CoinMarketCap
On the oil markets, West Texas Intermediate futures reached a new high for 2019, up 1.5% to $ 56.92 per barrel, while Brent crude futures rose 63 cents, or 1%, at $ 67.08 per barrel in the middle of the day.
Andy Lipow, president of Lipow Oil Associates in Houston, said that "the oil market is supported by OPEC and non-OPEC cuts from countries determined to drive up prices and disrupt their supplies" .
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