What's Happening in the Cryptocurrency Market? (March 31)

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? After Visa's announcement that it will use USD Coin, the rise in cryptocurrencies continued in yesterday's transactions. Bitcoin fought yesterday to overcome the $ 60,000 resistance. Ethereum, on the other hand, climbed above the tough $ 1,800 resistance level. On the Ripple side, there was a 22 percent gain and XRP was trading at $ 0.57. In addition, 3 altcoins broke a record yesterday. These were Kusama (KSM), Holochain (HOT) and Harmony (ONE).

How Much Is A Bitcoin?

With the price of bitcoin reaching to the level of $ 59,000, Bitcoin's value against gold reached almost an all-time high. BTC's price against gold rose to 34.94 ounces in transactions on Tuesday. The most valuable cryptocurrency lost $ 2,000 in value in 5 minutes today in the morning, and $ 600 million was liquidated until it recovered. All markets were affected during the 1-hour drop of Bitcoin, which currently trades at the level of $ 57,000, and $ 600 million was liquidated. BTC, which has become stable, is currently trading at around $ 57,990, down -1.47%.

What Is The Price of Ethereum?

Ethereum is currently being traded for around $ 1,806. Technical analysis for Ethereum, which has recovered from the lowest levels with an increase of more than 10 percent in the last 7 days, shows that there will be greater increases. For Ethereum, the second most valuable cryptocurrency, the $ 1,820 level is very critical, and if a permanent hold above it is achieved, the $ 2,000 levels will be likely to be reached. ETH is currently trading at 1,788.36, down -2.40%.

How Much Was Tether?

Despite the losses in the markets, Tether is traded at the level of 1.001 with a gain of 0.03%.

What Is The Price of Ripple?

While the cryptocurrency market started the day with a strong decline, 127 million XRP were transferred by Ripple and Binance in the last 24 hours. It has been noted that from the moment the transactions were made, they had a value of over 71 million dollars. According to the information received, the first transfer was made by Ripple. It turns out that Ripple has transferred 39.1 million XRP to the wallets of the Binance cryptocurrency exchange. When paying attention to the sharp decline in the price of XRP in the last 24 hours, it is thought that Ripple may have gone beyond providing liquidity, as thought this time. This drop in XRP is of course related to the decline in the overall market. However, despite the losses, XRP investors are eagerly awaiting possible good news from the lawsuit in the coming weeks. XRP is currently trading at 0.54130 on cryptocurrency market, down -6.15%.

How Much Was BTT?

BitTorrent, which broke a record this week, made double-digit gains despite the bearish trend in the crypto markets. BTT, which is currently gaining 24.18%, is traded at 0.004939.

What Is The Price of CHZ?

Chiliz, on the other hand, continues to trade at 0.497804, down -5.19%.  

Latest news

Trader Develops a Bot That Buys BTC On Every Bitcoin Tweet Made By Musk A trader named Andrei Badoiu developed a bot that bought Bitcoin after every tweet by Elon Musk about Bitcoin. Badoiu stated that this kind of automated trading software is especially used in stock markets and is very suitable for the cryptocurrency industry. New Development in Ripple Case Analisa Torres, the judge of the Ripple and SEC case, gave the green light to the XRP community to intervene in the court. SEC's counter-request was denied. The judge's decision was considered a minor victory by the XRP community. Attorney John E. Deaton, who made a request to Torres on behalf of the XRP community, granted the right to file an application for involvement in the case on behalf of 10,500 XRP investors.