Bitcoin Almost Hit $3,900 as Crypto Market Stabilizes

Crypto Market Stabilizes

Bitcoin Almost Hit $3,900 as Crypto Market Stabilizes

Crypto Market Stabilizes

Bitcoin (BTC) is approaching the $3,900 mark while many of the top 20 cryptocurrencies are reporting very slight gains and losses on the day by press time.

Bitcoin is up less than half a percent on the day, trading at around $3,859, according to CoinMarketCap.

From its weekly chart, the current price is over three percent lower than $3,971, the price of BTC one week ago, and nearly 9 percent lower than $4,209, the mid-week high reported on February 24th.

Ethereum (ETH) is the largest altcoin by market cap, which is over $14.6 billion by press time. The second-largest altcoin, Ripple (XRP), has a market cap of about $13.1 billion.

ETH is trading around $138 at the time of publication after reporting a mid-day high of about $141.

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