Monday, February 12, 2018

Cryptocurrencies as a whole rise to start the week as Bitcoin once again finds itself in a range

With the turmoil of last week's markets seeming to have died down entering into Monday's trading, the cryptocurrency sector as a whole appears to be back on course for higher prices.  However even as Ethereum, Ripple, and Bitcoin all are making moves up between 5-10% here on Feb. 12, Bitcoin is back to trading within a range, and one that is about $2000 lower than its earlier range back at the start of the month.

Bitcoin has surged 8% on Monday morning as a crypto surge grips markets, with Ripple seeing a particularly large rise of nearly 10% Baby survives 17 days in womb after twin is stillborn 
The value of Ripple surged over a dollar for the first time in more than a fortnight as the value of the cryptocurrency market rose above $400 billion, according to CoinMarketCap. 
Forty eight out of the 50 digital currencies listed on CoinMarketCap were up, with Ethereum and Litecoin seeing rises of 6.3% and 6.2% respectively. 
London Block Exchange said in its Monday report that the rises are still not impressive in context of the broader decline of the crypto market. – UK Metro
Meanwhile, Bitcoin over the past five days has moved back into range trading, with its boundaries set at between $7500 and $9000.


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