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Bitcoin has started the day with a positive dynamic. At press time, the largest cryptocurrency by market cap is trading at $9,719.57 (+1.25%), according to CoinMarketCap.

Chart of the USD/BTC trading pair from EXANTE

For its part, Ethereum has grown to $212.76 (+0.47%), while XRP has jumped by 0.81% and is now trading at $0.204.

FxPro's team of analysts say:

"Bitcoin has been following a lateral trend over the past three days and is currently trading at around $9,700. This could be seen as bad news for the reference crypto, as it should have found support above $9,800 before heading for $10,000 and then trying to break above $10,500. If the crypto grows above this level, it would be a good sign for the market.

Whales are still enjoying very low commissions. According to WhaleAlert, 15,000 Bitcoins have been transferred with a commission of only $0.3."

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

As for the market cap of all currencies listed in CoinMarketCap, it stays at $266,896,352,983.

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