Hey ninjas, how’s the trading going? The largest cryptocurrency Bitcoin appreciated over $9K for the first time in 2020. BTC reached its highest point since November trading at $9,194 but lost about $514 in 5 minutes to trade around $8,636. At press time, Bitcoin is down 2.98% and is trading at $8,636. Bitcoin market cap value at press time is $157,000,720,732, down 5 billion in the last 24 hours.
Much like Bitcoin, Ethereum, the largest altcoin by market cap is also reporting moderate daily losses. Ether closed yesterday trading around $174, at press time Ethereum is trading at $165 and is down 5.41% in the last 24 hours.
Yesterday, ether closed with a market cap value of over $19 billion. At press time, ETH market cap value is $18,095,362,975, down $1 billion in the last 24 hours.
The second-largest altcoin Ripples XRP is also reporting moderate daily losses. At press time XRP is down 4.8% and is trading at $0.23. XRP reached its highest point of the day yesterday trading at $0.24 before depreciating today.
XRP market cap value is also reporting moderate losses, XRP market cap at press time is $10,166,641,451, down $500 million in the last 24 hours.