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Bitcoin has started the day posting gains. At press time, the largest cryptocurrency by market cap is trading at $10,326.06 (+5.81%), according to CoinMarketCap.

Chart of the USD/BTC trading pair from EXANTE

For its part, Ethereum has jumped to $250.82 (+14.3%), while XRP has grown by 7.25% and is now trading at $0.289.

FxPro's team of analysts say:

"Bears have pushed Bitcoin below $10,000 for a short period of time. On Wednesday morning, BTC was not only able to overcome that psychological barrier, but also went beyond it and has grown by 5% over the last 24 hours to reach $10,300. According to CoinMarketCap, the crypto's trading volume has surged to $38B.

As usual, the remaining altcoins have joined the growth trend. For its part, Ethereum has recorded particularly impressive growth, while XRP, Bitcoin Cash and Litecoin have jumped by about 6-7%.

The Bitcoin dominance rate keeps falling and currently stays at 62.8%. The greed and fear index has increased 9 points in just one day to 61 (greed level). The RSI is once again in the overbought area. Bitcoin's next objective is to remain above the $10,000 mark for the next few days."

According to CoinMarketCap’s ranking, 10 currencies on the top 10 are in green.

As for the market cap of all currencies listed in CoinMarketCap, it stays at $300,572,416,260.

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