What's Happening in the Cryptocurrency Market? (April 11)

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? Risk appetite in Bitcoin increased after the closing of the buyer heavy US stock markets in yesterday's transactions. However, Ethereum and XRP followed Bitcoin, which was on the rise. In addition, the SEC announced that WisdomTree is considering the Bitcoin ETF application.

How Much Is A Bitcoin?

On Sunday, Bitcoin's market cap reached more than 80 percent of the market value of silver. According to the data obtained from CompaniesMarketCap, the market value of Bitcoin was 1.112 trillion dollars; It is revealed that the market value of BTC represents 80.43 percent of the precious metal. Bitcoin, which reached the high level of recent times by trading at $ 61,222 on April 10, is currently being bought and sold at $ 59,332.

What Is The Price of Ethereum?

Although it seems that Ethereum will surpass Bitcoin with its performance in the short term, it is trading at $ 2,134.91 with a 1.05 percent decline in today's transactions.

What Is The Price of Ripple?

Ripple's XRP, which is often on the agenda due to the ongoing SEC lawsuit, continues to rise today. XRP, which caused a great excitement in the cryptocurrency world by reaching $ 1 in the past days, has gained 21 percent in the last 24 hours. XRP is currently trading at 1.35083, with an 8.19 percent gain.

How Much Was BTT?

BitTorrent has suffered loss after loss in the last 5 days. BTT, which continues to decline today, continues to navigate the lower ranks in the coin list. The last graphic analysis carried out on April 11 is more positive. While thousands of BTT coin investors were worried about these dips, the first exit signals began to arrive. By contrast, BitTorrent is currently being traded at $ 0.008328, down 0.97.

What Is The Price of CHZ?

Chiliz, which has not earned its investors for a long time, was in a downward trend at the weekend. CHZ is trading at the critical resistance level of $ 0.564 to $ 0.467. On the 4-hour chart, the CHZ price has remained stable for a few weeks. On the other hand, it showed a slight increase of 0.04 on Sunday and trading at the level of $ 0.464210.

Latest News

Bitcoin's Market Cap Is Close To Silver With the increasing demand for Bitcoin, the market value of the cryptocurrency, which gained value rapidly, exceeded $ 1 trillion. Thus, it reached over 80 percent of the market value of silver. According to data provided by CompaniesMarketCap, the market value of Bitcoin has increased to $ 1.112 trillion, while the market value of silver is at $ 1.384 trillion. Accordingly, BTC's market value represents 80.43 percent of the precious metal. Bitcoin Statement by the European Central Bank Isabel Schnabel, Board Member of the European Central Bank, stated that Bitcoin does not meet the basic requirements of money and is global. Schnabel described Bitcoin as "a speculative asset without any recognizable underlying value and with enormous price fluctuations." Trust in cryptocurrencies can evaporate rapidly and disrupt financial markets, according to Isabel Schnabel.