Monday, February 25 – crypto course markets see mixed signals from press time, with some of them reporting some recovery from the noses they took on February 24, while others continue to go down.
Market visualization of Coin360
The leading cryptocurrency Bitcoin (BTC) is up 1.4 percent over the last 24 hours, and trades at around $ 3,884 at press time. Bitcoin has had low volatility during the day, having fallen as low as $ 3,807, while intraday heights reached $ 3,91
When it comes to a weekly display, Bitcoin is less than one percent, with $ 4,209 as its highest price point on February 23, after which the coins went down to around $ 3,806.
Bitcoin 7-day price chart. Source: CoinMarketCap
Earlier today, Berkshire Hathaway, CEO Warren Buffett, defined Bitcoin as a "delusion" and said it was attracting "charlatans". He said "you can stare at it all day, and no little bitcoins come out or anything like that. It's a delusion, basically."
Ethereum (ETH) is up nearly 1 percent a day, swinging around $ 140 at the time of the press. The second largest coin has had little volatility over the day, with $ 142 as the highest price point, and a low of $ 135. Yesterday ETH saw a sharp drop from around $ 165 to $ 140.
Ethereum 7-day price chart. Source: CoinMarketCap
Ripple (XRP) is a great winner of the day, having gained 8 percent on press time and trading at $ 0.327. On its weekly chart, XRP is up 1.47 per cent, while the total memory's monthly gain is around 3.28 per cent.
As reported earlier, Coinbase Pro, the professional offering from the US based crypto platform and the Coinbase wallet service, supports Ripple's XRP token. Full trading with XRP will be available to US, Canada, EU, UK, Singapore and Australia customers.
Ripple 7-day price chart. Source: CoinMarketCap
Out of the top 20 crypto curves, Bitcoin SV (BSV) has achieved most of the day, up 9.75 percent and trading at around $ 67.62 on press time, according to CoinMarketCap. The coin's highest price point on the day was around $ 71.68, with a low of $ 65.10.
Bitcoin SV 1-day price chart. Source: CoinMarketCap
The total market value of all 2,090 digital currencies listed on CoinMarketCap is currently around $ 131.6 billion, lower than the week high of around $ 143.7 on February 23.
] 7-day chart of the total market value of all Crypto Curves from CoinMarketCap
Recently, an anonymous hacker has managed to move 2.09 million EOS ($ 7.7 million) from a hacked account due to an alleged failed update of an EOS block manufacturer (BP). Security Law for the Huobi Global Global Encryption Exchange – Using blacklist data from the EOS Core Arbitration Forum (ECAF) – discovered assets moving from EOS Black accounts to Huobi accounts.
Blockchain development platform and BitTorrent owner Tron will debut a number of upgrades through a hard fork at the end of the month. The hard fork will undoubtedly provide institutional management features as well as other features such as multi-signature capabilities and account management options.
In traditional markets, the best start today is a year for the Dow Jones Industrial Average (DJIA) and S & P 500 since 1987, with 0.23 percent and 0.12 percent, respectively. During 36 trading sessions, Dow has probably jumped by 11.6 percent, and S & P 500 has increased by 11.4 percent.
Palladium hit a new record of $ 1,531 per ounce today following the threat of strike in the South African mining sector which intensified the supply deficit for the metal, according to CNBC. Since August, the product has exceeded 80 percent due to a persistent supply shortage.