Bitcoin price has started the week with a positive dynamic. At press time, the largest cryptocurrency by market cap is trading at $7,537.52 (+4.72%).
Chart of the USD/BTC trading pair from EXANTE
For its part, Ethereum has grown to $132.41 (+2.63%), while XRP has increased by 1.06% and is now trading at $0.195.
According to CoinMarketCap’s ranking, 8 currencies on the top 10 are in green.
FxPro's team of analysts say:
"Over the last 24 hours, the reference cryptocurrency has climbed by more than 5% and is currently trading at almost $7,600. This increase in Bitcoin price has coincided with a 37% jump in trading volumes.
As usual, the rest of the market is also growing, however, altcoins are posting lower gains. The greed and fear index is also rising and is currently at 33 (fear), which shows investors have begun to store the asset. However, we must bear in mind that the higher this value, the higher the chances of a sell-off."
The BTC dominance index has grown from last Friday’s 66.6% to 68.9%.
As for the market cap of all currencies listed in CoinMarketCap, it stays at $198,315,156,381.
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