What's Happening in the Cryptocurrency Market? (April 10)
Here are the cryptocurrency news of the day, the most up-to-date developments, here are the most appreciating and depreciating cryptocurrencies...
Interest in
cryptocurrencies has increased significantly during the coronavirus outbreak. However, investors began to closely monitor the movements of important cryptocurrencies such as Bitcoin, Ethereum and Ripple. The most curious cryptocurrencies by investors; How did Bitcoin, Ethereum, Ripple start the day?
Cryptocurrency exchanges started yesterday's trading on the rise. Bitcoin was on the rise on Friday and was traded around $ 58,540. On the Ethereum side, it has been claimed that an event similar to the situation Ripple is in now. Against this, ETH recorded an increase in yesterday's trading. Cryptocurrency increased after Ripple (XRP) was re-listed on CoinGate.
In addition, 12 large altcoins reached record levels in yesterday's transactions. While Binance Coin (BNB) tested $ 450, VeChain (VET) reached $ 0.14, Solana (SOL) 29, and Tezos (XTZ) set a record at $ 6.85. Enjin Coin (ENJ) $ 4.33, PancakeSwap (CAKE) $ 24, Celsius (CEL) $ 8, THORChain (RUNE) $ 12.12, Basic Attention Token (BAT) $ 1.67, Waves (WAVES) 21, $ 5, Nexo (NEXO) $ 3, 1inch (1INCH) hit record highs at $ 6.68.
How Much Is A Bitcoin?
The downturn in the US stock markets led by shares in the health, industry and consumer services sectors caused the risk appetite in Bitcoin to increase.
Affected by the positive weather in the markets, Bitcoin broke the resistance of 60 thousand dollars, which it could not break for a long time, reaching the level of 61 thousand 300 dollars. As BTC, which encountered resistance at its previous peak, started to make horizontal movements around $ 60,600, the money started to flow again.
Bitcoin is currently trading at $ 60,630.
What Is The Price of Ethereum?
Following the rise in Bitcoin, Ethereum also broke a new record by rising to the level of $ 2 thousand 200.
Ethereum is trading at $ 2,164.50, gaining 3.86 percent in today's transactions.
How Much Was Tether?
Tether price has decreased by 0.05 percent in today's transactions, being traded at $ 0.9995 in the cryptocurrency market.
What Is The Price of Ripple?
Ripple, which has been under pressure for a long time due to the
SEC case and could not get its share from the bull market, also reached the $ 1.18 level.
XRP price, which has been on a horizontal chart for a long time, seems to be preparing to burst. According to Sunil Sharma's statements, "bulls" took action for Ripple.
Ripple is currently trading at $ 1.16161, gaining 14.08 percent.
How Much Was BTT?
BitTorrent gained value in yesterday's transactions. With the rise of valuable cryptocurrencies such as Bitcoin, Ethereum and Ripple today, altcoins are in a downward trend. For this reason, BitTorrent is currently trading at $ 0.008672, down 7.41 percent.
What Is The Price of CHZ?
Chiliz, which gained value on Friday, showed a downward trend again. So much so that cryptocurrency is currently being traded at $ 0.473599 in the cryptocurrency market, down 3.57 percent.
Latest news
SEC Evaluates WisdomTree's Bitcoin ETF Application
The SEC shared a public announcement the previous day that asset manager WisdomTree will begin reviewing the Bitcoin ETF filed in March.
If the SEC approves the application, the Bitcoin ETF will be listed in the CBOE.
Besides that, cryptocurrency investment management firm Kryptoin has reapplied for a Bitcoin ETF. It had done this before in October 2019.
Closing Of The US Stock Markets With Buyers Helped Cryptocurrencies
The closing of the US stock markets with buyers led by shares in the health, industry and consumer services sectors helped Bitcoin. While risk appetite increased in Bitcoin, Dow Jones index completed the week with 0.89 percent gain, S&P 500 0.77 percent and Nasdaq index 0.51 percent.
Affected by the positive weather in the markets, Bitcoin broke the resistance of 60 thousand dollars, which it had not seen for a long time, and started to make horizontal movements around 61 thousand 300 dollars. On top of that, the money started flowing into altcoins again.
Following Bitcoin, Ethereum also saw the level of $ 2,200 and broke a new record. BNB, which has recorded serious increases for a long time, broke a record by reaching $ 485.
Ripple, who has been fighting the SEC for a long time, saw the $ 1.18 level thanks to the positive developments in the lawsuit and discarded the dead soil on it.