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Dec. 16, 2021

On Thursday, bitcoin (EXANTE: Bitcoin) is gaining 1.12% as the largest cryptocurrency by market capitalization is trading at $48,692.9, according to EXANTE.

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Bitcoin Nears $50,000 as Market Struggles to Stay Bullish

Chart of the USD/BTC trading pair from EXANTE

For its part, ether (ETH) is gaining the most (3.92%) and is trading at $4,024.39, with binance coin (BNB) sliding by 0.16% and is trading now at $532.58.

FxPro's team of analysts says that the bulls are trying their best to maintain a positive picture on the charts of major cryptocurrencies. However, it seems they are not ready to do more for the market so far, the analysts noted.

UK Watchdog Strikes eToro, Coinbase and EXMO for Misleading Ads

According to CoinMarketCap's ranking, 9 assets on the top 10 by market capitalization are in green. The whole cryptocurrency market capitalization rose by 1.81% up to $2.35 trillion. Earlier, iHodl reported that BCB Group, Europe's cryptocurrency provider of payments, acquired a 100-year-old German bank Sutor Bank. The company said that a fully licensed bank to the group will enable BCB Group to "better service its clients in the EU and drive growth across its business lines." The price of the deal remains unknown.

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