Analysis Editor's Picks

The market is gradually recovering: the bitcoin rate holds above $ 3,600

= Sunday, February 10th. Bitcoin for the third day in a row is held above the $ 3,600 mark, other large cryptocurrencies are mostly in the red.

BTC has been trading sideways for the past 24 hours, but the coin is still above its psychological threshold of $ 3,600.

This week, the daily volume of BTC transactions has almost reached a level that he has not seen since January 2018, when the main cryptocurrency in the world was worth about $ 20,000.

Ripple – currently the second largest cryptocurrency in the world – has fallen by almost 3% and is now trading at around ehjdyz $ 0.3. Over the past 24 hours, its market capitalization has decreased to $ 12.5 billion compared with yesterday's $ 12.7 billion.

However, XRP still exceeds Ethereum, the next largest cryptocurrency in market capitalization. ETH also lost more than 2% in price during the day and hovers around $ 115. Its market capitalization is now around $ 12.3 billion after reaching $ 12.5 billion on Saturday, February 9.

According to CoinMarketCap, the total market capitalization of all cryptocurrencies, which reached its peak on February 9 at $ 122 billion, also dropped to about $ 120.1 billion. The daily trading volume in the last 24 hours is about $ 18 billion.

Binance Coin and Maker are the only players among the top 20 cryptocurrencies per day. BNB, currently the 10th largest market capitalization coin, has been growing continuously since February 6. The currency rose by almost 7% and is trading at $ 9.2 at the time of publication. MKR, in turn, grew by 3.2% per day and hovers around $ 450.

Other major currencies in the red. According to CoinMarketCap, Bitcoin Cash and Tron bear the greatest losses, their price has dropped by about 4%.

Related posts

FTX Not the Only One to Deal with BlockFi Inc, Ledn Joins the Game

Joseph Alalade

China’s Central Bank Urges More Use of the Digital Yuan

Joseph Alalade

Solflare Wallet Adds “Priority” Gas Fees to Solana (SOL). Here’s What It MeansĀ 

Joseph Alalade