Crypto Market Update – Cryptos See Mild Movements After Market Surge, Bitcoin Holds Above $3,600
Saturday, Feb. 9 – as Coin360 data shows, major cryptocurrencies are facing a mix of mild gains and losses, following a major market surge since yesterday.
Bitcoin is holding steady above the $3,600 price point. BTC gained over $200 in value on Friday, Feb. 8, reaching a multi-week high of $3,691 throughout the day. The top currency continued to trade sideways today, before stabilizing to press time around $3,660.
Ripple (XRP), currently the second largest cryptocurrency, has lost about 1 percent in price on the day and is currently trading near $0.31. Its market capitalization is over $12.7 billion – about $260 million more than the next largest crypto, Ethereum.
Yesterday’s market growth brought ETH prices back to the rates seen in late January. ETH price is hovering around $119. Throughout the week the currency mostly traded sideways near $110, dropping to an intra-week low of $103 on Feb. 6.
Earlier today, total market capitalization of all cryptocurrencies peaked over $122 billion, before dropping back down to $121 million later, according to CoinMarketCap.
Among the top twenty coins, Bitcoin Cash and Tron have lost the most value on the day, both down about 2 percent as of press time.
Ana Berman’s original article for cointelegraph.com reduced by 56%
Related cryptocurrency news – Top 10 Market Cap Shakeup: Litecoin And Ethereum See Massive Gains
Support Our WorkWhy support us? We work 24/7 to provide simple summaries of the latest cryptocurrency news and developments from across the web. Crypto-News-TLDR relies entirely on contributions from readers to stay independent. BTC ETH XMR IOTA AION Alternatively, support us by using the following referral links: Exchange: Binance | Hardware Wallet: Ledger Browser: Brave | Free Bitcoin: Coinbase
Donate Bitcoin to this address
Scan the QR code or copy the address below into your wallet to send Bitcoin
Donate Ethereum to this address
Scan the QR code or copy the address below into your wallet to send Ethereum
Donate With MetaMask
Donate ETH With MetaMask
Alternatively, support us by using the following referral links:
CN [too long; didn’t read]
Summarised crypto news.