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Monday, January 14 – the vast majority of cryptocurrencies are recovering after suffering serious losses in recent days, according to Coin360. Of the top 20 by market capitalization, only the stablecoins USD Coin (USDC) and Tether (USDT) are still in red.
Market display from Coin360
The main Bitcoin cryptocurrency (BTC) saw an increase of almost five percent during the day, and traded around $ 3,717 at the time of the press. As reported previously by Cointelegraph, today BTC has reached a new low since the beginning of the year, settling at $ 3.544. On his weekly chart, the highest Bitcoin price was $ 4,107 on January 9th.
Bitcoin 7-day price chart. Source: Cointelegraph price index
Ripple (XRP) – which is currently in first place among the market share capital – has grown by over 4 percent in the last 24 hours, trading at around $ 0.335 at the time of printing. Ripple's capitalization is around $ 13.78 billion at the moment, before Ethereum (ETH) of a "simple" $ 230 million.
7 days price chart ripple. Source: Cointelegraph price index
Ethereum is trading at around $ 130 at the time of printing, with an increase of 11% on the day. The altcoin started the day near $ 117, gradually reaching the current price. During the week, the third largest currency by capitalization recorded its lowest price of around $ 114 previously and reached the highest value of around $ 156 on January 9th.
Ethereum 7-day price table. Source: Cointelegraph price index
Tron (TRX) and Neo (NEO) have seen double-digit increases in the last 24 hours, up 15.2% and 10.25%, respectively, according to CoinMarketCap. At the time of printing, TRX trades around $ 0.025 and NEO is around $ 7.94.
Stablecoin USDC decreased by 0.48 percent and traded at around $ 1.01 at the time of printing. Today, the founders of the encryption Gemini Tyler and Cameron Winklevoss have said that the stablecoin and tokenised titles will usher in a bright future for the digital currency space.
Tyler Winklevoss emphasized that US dollar-weighted stablecoins could be used in particular to issue dividends in a sector of prospective Tokenized securities.
The total market capitalization of all digital currencies is about $ 124 billion at the time of printing, having started the day at $ 117.9 billion. The weekly maximum of the metric was about $ 138.7 billion on January 8, according to CoinMarketCap data.
7-day chart of total market capitalization. Source: CoinMarketCap
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