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$17 Billion Added To Bitcoin’s Market Cap, BTC Soars To $13,200

$17 billion were added to Bitcoin’s market cap as the cryptocurrency soared to $13,200 and went on a wild ride towards a new 2020 high. The total market cap is now set at $400 billion as most altcoins also saw impressive increases as well so let’s read more in the bitcoin latest news today. Bitcoin painted a fresh yearly high of over $13,200 after the promising news from PayPal. This time, the altcoins joined the ride and the total market cap reached $23 billion since yesterday. The news emerged yesterday when the major payment processor PayPal announced it will enable…

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Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K

Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading sessions. Digital currency markets have increased a great deal during the last 24 hours as the aggregate crypto market capitalization is nearing $400 billion. The price of bitcoin (BTC) spiked on Wednesday morning after Paypal revealed cryptocurrency support during the morning trading sessions. BTC has gained 7.1% during the last seven days and the price is…

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Bitcoin Held By Public Companies Now On Par With Past Market Cap

The Bitcoin market cap is hovering at roughly $211 billion currently, but four years earlier, it was a meager $6.8 billion. This figure matches the BTC supply public companies now hold alone, and it could provide the “writing on the wall” regarding what to expect in terms of the asset’s future growth. Bitcoin Matures Into Corporate Reserve Asset, Domino-Effect Could Drive New Bull Run The crypto market is evolving: decentralized finance is far more sustainable than the ICO boom, and Bitcoin is maturing into a respected asset alongside gold, stocks, and more. Related Reading | Square’s Bitcoin Investment Made $2…

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Stablecoin Supply Doubles in 3 Months as Combined Market Cap Surpasses $20B

2020 has been the year of stablecoins, as the token supply has doubled in the last three months. The aggregate market capitalization of 28 stablecoins captures over $20 billion on October 4, 2020. While tether still dominates the stablecoin ranks, USDC has been moving closer toward the top ten crypto coins. USDC is also the only stablecoin with market capitalization greater than $1 billion other than tether. This year quite a bit of money has flown into the stablecoin economy and just recently all the stablecoin tokens in existence captured a $20 billion market valuation. This means all the fiat-pegged…

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BNB Coin Back In Top 5 After 9% Weekly Gains: Analysis

BNB coin back in top 5 after the recent 9% weekly gains while the Bitcoin price remains stagnant so let’s read more in the latest binance coin news today. The BNB coin back in the top 5 means that the asset is steadily increasing while Litecoin is back at the top 10. Bitcoin and the other larger-cap altcoins have stayed quite stagnant but the US stocks could drive more volatility on the market. Bitcoin stayed in a tight range between $10,500 and $10,600 while most other larger-cap altcoins performed similarly except for the Binance Coin. After the 9%  increase on…

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Bitcoin’s Realized Cap Reaches Above 2017 all-time high of 43 billion dollars

Bitcoin’s realized capitalization has soared above its 2017 record high, but Ethereum’s has struggled to reclaim its former highs . Crypto market data aggregator Glassnode has circulated data representative that Bitcoin’s comprehended capitalization has greater than before by more than 50 per cent meanwhile classification its all-time high of $20,000 at the end of 2017. The comprehended capitalization metric methods the value of every BTC when it was previous enthused on-chain, which allows analysts to approximation the aggregate cost-basis of market members. Though coins on centralized exchanges are absent from the metric, representative the data is perhaps more precise in…

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UNI Market Cap Increases By $120 Million As Crypto Market Stagnates

The UNI market cap increases by $120 million as the token becomes the big winner in the trading on Wednesday with a rebounding price level as we reported in the latest altcoin news today. The data from CoinGecko shows that the price of the UNI token increased by less than 20% from $3.80 to over $4.60 over the same time frame which led to the UNI market cap hitting $120 million from the $460 million to less than $580 million in a few hours. At press time, UNI was the 33rd biggest cryptocurrency with a market cap of $581 million…

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Bitcoin Dominance Slides Losing 10% in the Last 100 Days

Bitcoin’s Dominance Index has slid 10% from a high of 67% on May 10, to a low of 57% today. Despite the defi market shakeout, ethereum still captures 10% of the aggregate market capitalization of $330 billion. There’s been a number of changes in the top ten line up of coins, as bitcoin (BTC) has been losing dominance since May 10. Market dominance is the measurement of the top coins, in terms of market valuation, compared to the aggregate of all 6,700+ crypto coins. BTC has consistently commanded the top dominance level in the cryptocurrency economy and today it’s about…

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Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums

The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some digital coins saw even bigger losses during the last 48 hours. Things change quickly in the crypto ecosystem, as digital currency proponents have been dealing with extremely volatile prices this week. For instance, bitcoin (BTC) touched a top on September 1, as prices touched $12,044 per coin on Tuesday. Ever since then…

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Entire Crypto Market Loses $20 Billion As Bitcoin And Altcoins Bleed

The entire crypto market loses about $20 billion, declining by over 5% in the past day after BTC and most of the other altcoins started bleeding and losing value so let’s read more in the upcoming altcoin news today. Most of the crypto market is retracing quite a bit today after a few days of gains as Bitcoin failed to conquer the $12,000 level and dropped to $8000. The larger-cap altcoins followed and the entire crypto market lost about $20 billion. The main cryptocurrency tried to break above the $12,000 price point a few days ago but it couldn’t manage.…

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DeFi Market Explodes At $11 Billion As Chaainlink Takes The Lead

The DeFi market explodes after it hit $11 billion in market cap while Chainlink took the lead with a 24-hour spike, hitting new highs as we are reading further in our latest Chainlink news. With chainlink taking the lead, it seems that the industry will not stop. The total market cap of the DeFi market explodes to $11 billion and there are no apparent signs of stopping soon. The Decentralized Finance craze has just started getting bigger. Chainlink is taking the lead in terms of market cap after it surged in price over the past 24 hours to reach a…

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Volatility Comes Back: BTC Drops By $1500 After Hitting The 2020 High

The volatility comes back for Bitcoin as the leading cryptocurrency dropped by $1500 in a few minutes, just a few hours after setting 2020 high. In our latest Bitcoin news, we can see that the entire market went through a Sunday morning wild ride with some major moves charged. Bitcoin market a new yearly high above $12,000 before dropping in just a matter of minutes to $10,490 on major exchanges. Similar developments occurred for most altcoins but the market seems to have calmed down. August doesn’t look like it will repeat July as the previous month started slow and quite…

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Huge Crypto Market Cap Loss: $4 Billion Lost In Hours As BTC Retraces

A huge crypto market cap loss occurred recently, reaching a loss of $4 billion right when Bitcoin started retracing to $9500 and brought most of the altcoins with it. In the latest altcoin news, we find out more about market analysis. The huge crypto market cap loss of $4 billion in the past few hours poses a question of whether this is the only correction or a trend reversal? At the same time, the precious metal skyrocketed with record gains, especially the silver. Volatility returned again for Bitcoin this week after the weeks of stagnation as Bitcoin started breaking the…

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Tether Hits $10 Billion Market Capitalization Level: Report

Tether hits $10 billion market capitalization level as growth in 2020 enhanced as we are reading more in the upcoming Tether news. Tether hits $10 billion market cap and the announcement was announced by the company after seeing through the market price aggregator CoinGecko. USDT’s issuance has seen some increased growth this year doubling from the $5 billion in just a few months since March 2020. As per the previous reports, a relevant portion of this growth came from the existing fiat on exchanges that are transformed into USDT. Paolo Ardoino, Tether, and Bitfinex CEO The Bitfinex and Tether CTO…

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Bitcoin Price at $10.2K Deadlock as Ether Continues Surprise Bull Run

Article Originally Featured in Coin Telegraph MARKET UPDATE Bitcoin (BTC) stayed flat on Sept. 17 as another day of motionless trading continued the largest cryptocurrency’s stay at around $10,200. Market visualization. Source: Coin360 Bitcoin price slowly erodes support above $10K Data from Coin360 showed sideways price action as the order of the day for Bitcoin, which remained rangebound between $10,100 and $10,320. As Cointelegraph reported, a longer period of low volatility saw only a brief interruption on Monday, when BTC/USD suddenly shed around $200. A subsequently rebound to previous levels slowly faded, leading to press time rates of $10,175. The overall change for Bitcoin…

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