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The main cryptocurrencies sold marginally on Tuesday, surrendering to the gains made on Monday.
A bitcoin,
BTCUSD, -1.10%
the best-known digital currency reached $ 3,663.63, down 0.8% from Monday's level to 5 pm. Eastern Time on the Kraken Kryp exchange.
To read: Wilshire Phoenix file for "less volatile" ETF related to bitcoins
What analysts say
On Wednesday, ethereum will undergo an update to its system, known as Constantinople. The hard fork is considered noncontentive, which means that all the participants in the network have agreed on the updates they hope will improve the efficiency of their software and increase the scalability – the ability to process more transactions on the blockchain to a faster pace.
"Sometimes, when there is a disagreement between the community about the upgrade, some members will choose to keep the old version of the blockchain alive and see a split," wrote Mati Greenspan.
To read: Americans lost $ 1.7 billion in bitcoins in 2018 and more than half do not know they can claim a deduction
Altcoin and marginally inferior futures
Altcoins – the collective group of cryptocurrencies other than bitcoin – are marginally traded lower on Tuesday. Ether was out of 1.5% to 126.26 $, Litecoin
LTCUSD, -0.13%
it was down 0.5% to $ 31.76, Bitcoin Cash
BCHUSD, -2.74%
was 2.3% lower at $ 126.60 and XRP,
XRPUSD, -1.24%
it was from 1% to 33 cents.
Futures also traded lower. The February contract for Cboe Global Markets
XBTG9, -1.29%
it was down by 1.1% to $ 3.598.53 and the February contract of the CME group
BTCG9, -1.23%
lost 1.2% to $ 3.600.
To read: ICO continue to raise funds through the SEC service port
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