Bitcoin Trades Flat While Ethereum Maintains Weekly Gains of 5%

in #blockchain6 years ago (edited)


Saturday, February 16th 2019, 5:04 am

After demonstrating robust trading volume yesterday, the crypto markets are now trading mostly flat.

On Thursday, crypto trading volume reached $36 billion, which was the highest level in multiple months, Cointelegraph reports.

The Bitcoin price is currently up fractionally at $3,627 and has managed to hold onto modest gains for the week. In recent days it was reported that Bitcoin transaction fees are falling.

The #ETH price traded as high as $124 in recent days but has since pulled back to about $122. In the last seven-day period, meanwhile, the ETH price has advanced approximately 5%.

The #Ethereum hard fork is scheduled for Feb. 27. XRP is one of only a couple of top-10 coins to be trading in the red.

The No. 3 cryptocurrency has shed about 1% in the last 24 hours, a day after Wall Street firm #JPMorgan announced its own cross-border cryptocurrency JPM Coin.