Bitcoin Falls Under $4,000 as United States Oil Rises
Market Visualization Courtesy of Coin360
Bitcoin is down over a percent on the day, trading at around $3,967, according to CoinMarketCap. Looking at its weekly chart, the current price is over two percent lower than $4,060, the price at which Bitcoin started the week.
Bitcoin 7-day price chart. Source: CoinMarketCap
Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $14.2 billion. The second-largest altcoin, Ripple (XRP), has a market cap of about $12.6 billion by press time.
ETH is down by about one percent over the last 24 hours. At press time, ETH is trading around $134, after having started the day at $135 and reporting a mid-day low of $133. On its weekly chart, Ethereum has seen its value increase nearly four and a half percent.
Ethereum 7-day price chart. Source: CoinMarketCap
By Adrian Zmudzinski