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First Week Of December Ends With Flush Of Green, Bitcoin Nears $3,700 - Investment - Nairaland

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First Week Of December Ends With Flush Of Green, Bitcoin Nears $3,700 by Bitssa: 11:29am On Dec 10, 2018
The crypto markets are showing a wave of green, as Bitcoin (BTC) trades closer to $3,700 at the end of the week, as data from Coin360 shows.
After a week of breaking new year-to-date lows, the major cryptocurrency is trading at around $3,650 by press time, up more than 7 percent over a 24 hour period. The coin is still down almost 9 percent on the week and more than 44 percent on the month.

The second-largest crypto by market cap, Ripple (XRP), is also up by 5 percent on the day, trading at around $0.31 as of press time. Ripple’s weekly and monthly charts are similar to those of Bitcoin, with losses of almost 12 and 41 percent respectively.

Third-ranked crypto by market cap Ethereum (ETH) is up the most of the top-three cryptos, seeing almost 10 percent growth on the day and trading at around $97 by press time. On the week, the altcoin is down almost 14 percent, and is seeing losses of more than 55 percent over the past month.

Only Bitcoin Cash SV (BSV) — a branch of the Nov. 15 Bitcoin Cash (BCH) hard fork — is in the red, down more than 2 percent over a 24 hour period and trading at around $97.37 at press time. BSV had been ranked fifth yesterday, Dec. 8,. BCH is now ranked fifth, up around 8 percent on the day and trading at about $111 by press time.

Total market capitalization of all cryptocurrencies is at around $115 billion as of press time, up from its Dec. 7 weekly low of just under $104 billion.
Re: First Week Of December Ends With Flush Of Green, Bitcoin Nears $3,700 by dafido: 5:02pm On Dec 12, 2018
Bitcoin will hit the 3k support in the coming weeks

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