Bitcoin has started the last day of the workweek with a negative dynamic. At press time, the largest cryptocurrency by market cap is trading at $42,325.66 (-1.91%), according to CoinMarketCap.
Chart of the USD/BTC trading pair from EXANTE
For its part, Ether has fallen to $3,237.22 (-5.5%), while Tether has risen by 0.01% and is now trading at $1.
We have recently reported that El Salvador is working on the development of 20 draft laws aimed at regulating Bitcoin bonds. Alejandra Zelaya, head of the country's finance ministry, has reported the bills will regulate the issuance of securities as cryptocurrency in order to ensure the viability of Bitcoin bonds that were proposed in November 2021.
In addition, the hype around non-fungible tokens (NFTs) continues to grow. Thus, popular NFTs marketplace OpenSea has recently announced it has raised $300 million and that its market capitalization has soared to $13 billion.
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 $2,004,992,230,490.
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