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Bitcoin has started the day posting minor losses. At press time, the largest cryptocurrency by market cap is trading at $9,484.6 (-0.35%), according to CoinMarketCap.

Chart of the USD/BTC trading pair from EXANTE

For its part, Ethereum has grown to $234.15 (+0.85%), while XRP has jumped by 0.79% and is now trading at $0.193.

FxPro's team of analysts say:

"Bitcoin price has shown little changes over the past few hours and currently stays at around $9,500. On the one hand, bears have quickly withdrawn from the scene, while bulls are not showing much interest in new purchases either. Trading volumes on the Bitcoin network have plummeted by 21% while waiting for external impulses.

However, there are some 'hidden' processes that are not affecting the price of the crypto yet. Glassnode has concluded the number of Bitcoin wallets with a balance of more than 1,000 BTCs is close to 2017 levels, right when the price of the reference crypto hit $20,000. In addition, there has been a significant increase in trading activity at CME. During the month between May 10 and June 10, open interest in Bitcoin options on the Chicago Mercantile Exchange increased 10-fold to $373M."

According to CoinMarketCap’s ranking, 6 currencies on the top 10 are in green.

As for the market cap of all currencies listed in CoinMarketCap, it stays at $268,612,215,366.

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