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Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains

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Sunday, Dec. eight — many of the prime 20 cryptocurrencies are reporting discreet positive aspects on the day by press time, as Bitcoin (BTC) hovers across the $7,550 mark once more.

Market visualization courtesy of Coin360

Bitcoin worth is at the moment down by zero.2% on the day, buying and selling at round $7,552 at press time, in keeping with Coin360. Taking a look at its weekly chart, the coin is up by about 2.91%.

Bitcoin 7-day worth chart. Supply: Coin360

On Dec. 6, cryptocurrency market analyst Alex Thorn identified on Twitter that the entire variety of on-chain Bitcoin addresses holding any quantity of Bitcoin hit a brand new document of 28.39 million.

Ether (ETH) is holding onto its place as the most important altcoin by market cap, which at the moment stands at $16.three billion. 

Coin360 knowledge reveals that ETH has seen its worth enhance by about zero.11% during the last 24 hours. At press time, ETH is buying and selling round $150. On the week, the coin has additionally gained about 1.35% of worth. 

Total, the value of the coin appears utterly unaffected by the improve to its software program launched by the current onerous fork. Some members of the cryptocurrency neighborhood specific confusion and shock over the shortage of response on the asset’s worth half on Twitter:

“I actually do not perceive ethereum does not go up in the present day.”

Ether 7-day worth chart. Supply: Coin360

XRP is up by about zero.69% during the last 24 hours and is at the moment buying and selling at round $zero.227. On the week, the coin is up about three.18%. Ripple’s XRP is at the moment the second-largest altcoin, has a market cap of $9.9 billion at press time.

XRP 7-day worth chart. Supply: Coin360

Among the many prime 20 cryptocurrencies, the one one reporting double digit positive aspects is Algorand (ALGO), which has seen its worth enhance by about 10.46% over the 24 hours to press time.

At press time, the entire market capitalization of all cryptocurrencies is $204.eight billion, about 2.four% increased than the worth it reported per week in the past.
 

Hold observe of prime crypto markets in actual time right here

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About Tom Greenly

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