This Thursday, the Bitcoin news shows that the most dominant cryptocurrency is steadily climbing and testing the $4,000 level. Currently, Bitcoin (BTC) is trading at $3,888 but has been falling from the $3,900 number over the past couple of hours.
In the meantime, Ethereum (ETH) has been growing steadily and is now at $151, passing the $150 mark and increasing its market cap day by day compared with the slow rise of the 3th ranking altcoin Ripple (XRP).
With this, Ethereum showed that it has again beaten Ripple as the world’s major altcoin by market cap, especially after spending several weeks on the third place. Compared to two days ago, Ethereum has grown by more than 14% while Ripple is seeing only a slight growth in terms of the price during the day.
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Most of the coins from the top 20 are also in the green. Some of the biggest winners today are EOS (EOS), Cardano (ADA) and IOTA (MIOTA) all surging by more than 3% over the past couple of hours.
The total cryptocurrency market capitalization is now $132 billion, up $2 billion compared to yesterday. Overall, all of these are signs that the market is stabilizing. And while no one expects a bullish run just yet, a further stabilization with solid growth could lead us to highs for Bitcoin and all altcoins in the new year.
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