A new brief decline was seen in the latest Bitcoin news, where the majority of the crypto market declined by less than 1% while the total market capitalization remained stable around the $130 billion mark, following a sell off that occurred on February 24th.
Bitcoin is right now trading around the $3,850 mark and hasn’t lost or gained much over the past 24 hours. The biggest cryptocurrency and most dominant coin has seen some volatility today (with an intraday low of $3,787 and a high of $3,906) and is down by more than 2% over the past seven days.
Ethereum, on the other hand, is up less than 0.1% and is currently trading around $137. The biggest altcoin in the market is down by 6% over the past week and was trading around $131 as its low over the past 24 hours.
What is interesting is the fact that major upgrades are coming to the Ethereum blockchain, in which both Constantinople and St. Petersburg (the upgrades) are scheduled to happen at the block 7,280,000. The Constantinople upgrade is expected to occur today.
Ripple is down by 0.2% on the day and is trading around $0.314 at press time. XRP has seen a major dip before recovering and dropped to as low as $0.309. In the week’s performance, XRP is down by about 2%.
Volatility is seen in some of the top 20 coins on the day. Binance Coin (BNB) is up by more than 4%, while Bitcoin SV (BSV) is down around 3.3% but still up over the past week. Total market cap is around $130 billion at press time, and the trading volume has increased over the past 24 hours.
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