Bitcoin Approaches $3,500 as Top Cryptos See Mixed Signals

Saturday, Feb. 2: most of the top 20 cryptocurrencies are reporting a mix of slight gains and losses on the day by press time.

At press time, Bitcoin is down under half percent on the day, trading at around $3,489, according to CoinMarketCap.

Looking at its weekly chart on CoinMarketCap, the current price is about 3 percent lower than $3,604, the price at which Bitcoin started the week.

Top altcoin Ripple has lost about half a percent in the 24 hours to press time and is currently trading at around $0.306.

Ethereum, the second-largest altcoin by market cap, has seen its value increase by about half a percent over the last 24 hours.

On the weekly chart, Ethereum's current value has dropped about 7 percent from $117, the price at which the coin started the week.

Among the top 20 cryptocurrencies, the coins experiencing the most notable 24-hour change are Monero - down over 4 percent on the day - and Binance Coin, up 3.45 percent to press time.

The combined market capitalization of all cryptocurrencies - currently equivalent to $114.3 billion - is about 5 percent lower than $120.4 billion, the value it reported a week ago.

In traditional markets, the S&P 500 is up slightly, closing 0.1 percent higher on Friday, while the Dow Jones Industrial Average also saw slight gains - reportedly posting a 6-week winning streak after a strong U.S. jobs report.

As CNBC reported Friday, the price of oil increased 3 percent, following the stock market and while U.S. sanctions keep Venezuelan tankers stuck at ports.