Tuesday, January 29: Most top 20 currencies report moderate gains on the day, until the end of this release. Bitcoin (BTC) is somewhat above $ 3,400, according to data from Coin360.
Market Overview for Coin360
At the time of publishing this article, Bitcoin fell only a fraction of a percent a day, trading at around $ 3,450, according to CoinMarketCap. As far as the weekly chart is concerned, the current price is lower than $ 3,655, the price at which Bitcoin began a week and operates laterally until January 28.
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Weekly Bitcoin Price Schedule. Source: CoinMarketCap
Ripple (XRP) rose by about 0.5 percent in the last 24 hours to the end of this release and is currently trading at around $ 0.29. On a weekly chart, the current price was lower than $ 0.32, the price at which the XRP began a week before falling on January 28th.
Ripple weekly price schedule. Source: CoinMarketCap
The second largest Altcoin Ethereum (ETH) also recorded an increase in its value by just over 1.7 percent in the last 24 hours. At the time of publication, the ETH is traded around $ 106, starting at approximately 24 hours with less than $ 2. In the weekly chart, the current value of Ethereum fell from $ 119, the price at which the currency started a week.
Ethereum Weekly Price Chart. Source: CoinMarketCap
Among the 20 best crypto currencies, those who experience the most significant growth are Tron (TRX) – which grew by more than 4 percent – Iota (MIOTA), Ethereum Classic (ETC) and Eos (EOS), all increasing by 2-3 how much.
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The twelve-largest encryption waves (WAVES) have risen most, with a growth of 7.4 percent a day, trading at $ 2.93 at the end of this release.
Combined market capitalization of all cryptosurves – currently equivalent to $ 113.2 billion – is less than $ 120.1 billion, the value reported last week.
Weekly chart of total market capitalization of cryptographic currencies. Source: CoinMarketCap
As Cointelegraph recently reported, the South Korean Central Bank, the Korea Bank (BOK), says it will not issue a short-term digital currency (CBDC).
In addition, the recent report found that two groups of hackers, probably still active, allegedly stole a billion dollars in crypto currencies.
Continue reading: Chainalysis: Two groups that are likely to be active are $ 1 billion in crypto currencies