Yesterday, the crypto news showed a lot of green on the market, where cryptocurrencies such as Bitcoin and Ethereum managed to rise and record substantial growth. After a very cloudy period, this was definitely needed for the market which by the way, received $10 billion in a single day in its trading volume.
Today, the situation is the same. Bitcoin is leading the table but is idle at this point, sitting still at $3,892. Ethereum, however, managed to rise by 3% and set its price to $140 which is a new weekly milestone for the third largest cryptocurrency by market cap.
On a Sunday where the entire market is idle, Bitcoin will certainly attempt to break through the $4,000 region and start the new year above this threshold. The most dominant cryptocurrency is still trading significantly up from $3,642 which is its mid-week low that was registered yesterday.
The combined market capitalization of all the cryptocurrencies is now $131 which is $2 billion more than the week’s starting point of $129 billion. To sum things up, if the prices remain as the ones we are seeing now, it will be a positive week for the crypto market – but also a notably lower situation than the weekly highs of $146 billion (in terms of market cap).
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