Bitcoin has started the last day of the workweek posting losses. At press time, the largest cryptocurrency by market cap is trading at $64,988.32 (-0.24%), according to CoinMarketCap.
Chart of the USD/BTC trading pair from EXANTE
For its part, Ether has risen to $4,741.87 (+0.7%), while Binance Coin has dropped by 0.34% and is now trading at $628.23.
FxPro's team of analysts say:
"The crypto market remains off the highs reached earlier this week. Bitcoin has shifted slightly in price over the past day, losing 0.12% and adding about 3.8% over the past seven days. The greed and fear index has retreated a bit further, down to 74 points from 78 yesterday and 84 on Tuesday.
The total crypto market capitalization has virtually stagnated, holding at around $2.84 billion, indicating all major moves in the cryptocurrency market are now a zero-sum game. This game is now in favor of Ether, which continues to increase its buying on pullbacks. ETH/USD is now only 2.5% below peak levels and remains in a tight growth corridor."
According to CoinMarketCap’s ranking, 6 currencies on the top 10 are in red.
As for the market cap of all currencies listed in CoinMarketCap, it stays at $2,838,320,738,176.
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