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Most of the major cryptocurrencies are traded on Thursday, canceling the gains made in the Wednesday session.
Bitcoin,
BTCUSD, -2.63%
the world's largest digital currency was the last hand at $ 3,820.34, down 2.8% from Wednesday at 17:00. Eastern Time on the Kraken Kryp exchange.
Despite Thursday's decline, the value of a single currency remained within the $ 3,500- $ 4,000 range in the last eight trading sessions.
"The latest gains on most of the popular cryptographic resources have been pretty minor lately," wrote Mati Greenspan, eToro senior market analyst. "While it's good to see that bitcoins are stable, we're actually starting to see a more typical aspect of the market during an upward run."
Anniversary of the Genesis block
January 3 marks 10 years since Satoshi Nakamoto, the pseudonym given to the creator of bitcoin, released the first bitcoin block on the blockchain. The genesis block, as it became known, consisted of 50 endless bitcoins that put the network into operation. Subsequently, these bitcoins remain unusable.
"A sacrifice of fabulous proportions, considering that today 50 bitcoins are worth $ 192,200," wrote Luno, a Bitcoin company, in a blog post. "And it looks like we could have a happy future forever, since the community that has flourished since the early Fifty of Nakamoto has come together to build the foundations for a new global financial system."
To read: Opinion: Every investor was humiliated in 2018, so it's wise to understand what happened and why
Ether takes second place in the list of the major cryptocurrencies
Ether,
ETHUSD, -5.98%
the cryptocurrency that runs on the ethereum network has regained the title of second digital currency. After falling more than 90% from a historical high above $ 1,400, to about $ 80, the currency associated with cryptocurrencies has increased more than 80% and now represents 11.5% of the value total market of all currencies, 0.3% more Ripples' XRP coin.
Elsewhere in the trade of altcoin – the market for coins other than bitcoins – Litecoin
LTCUSD, -5.24%
it was from 5.8% to $ 31.09, XRP,
XRPUSD, -4.86%
it was down 5% to 35 cents and Bitcoin Cash
BCHUSD, -4.62%
it had lost 4.9% to $ 158.50.
Bitcoin futures lowered on Thursday. The February contract for Cboe Global Markets
XBTG9, -2.30%
it was down 2.3% to $ 3,720 and from the February contract of the CME group
BTCG9, -2.62%
it was 2.8% to $ 3,710.
To read: From scary equity markets to misbehaving families, the most read articles on MarketWatch in 2018
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