Bitcoin has started the workweek posting minor gains. At press time, the largest cryptocurrency by market cap is trading at $49,696.1 (+0.22%), according to CoinMarketCap.
Chart of the USD/BTC trading pair from EXANTE
For its part, Ether has increased to $1,681.34 (+0.42%), while XRP has dropped by 0.45% and is now trading at $0.462.
The price of the reference crypto hit $51,000 yesterday after the US Senate passed a $1.9T stimulus package for the country's economy.
However, the momentum seems to have lost steam, as early this morning the leading cryptocurrency is trading below the $50,000 level in spite of the recent news that MicroStrategy has increased its Bitcoin holdings with a $10M investment, resulting in the company owning more than 91,000 Bitcoins.
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 $1,542,831,925,976.
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