Bitcoin Briefly Hits Monthly High Above $4,100, British Pound Marks 31-Year Low

Published on by Cointele | Published on

Friday, March 29 - Bitcoin has hit a monthly high of $4,112 today, while top 20 cryptocurrencies by market cap are trading sideways.

Many of the top 20 coins are in red at press time, with Maker seeing the biggest losses of almost 5 percent, while Tezos rallied over 15 percent over the past 24 hours.

Bitcoin is up around 0.3 percent at press time, trading at $4,099.

Bitcoin is up around 1.5 percent over the past 7 days.

Ethereum, the second largest cryptocurrency by market cap, is up 0.66 percent over the day, trading at $140.88.

Ripple, the third top cryptocurrency by market cap, is down 0.6 percent, trading at $0.308.

Over the past 7 days, the coin is down around 1.42 percent.

The United States stock market rose today amid renewed anticipation on the progress of trade talks between Washington and Beijing as Wall Street concluded a stellar quarterly performance, according to CNBC. At press time, all three indices, Dow Jones Industrial Average, S&P 500 and Nasdaq Composite, are up about 0.6 percent.

The OPEC basket dropped more than 1.1 percent at press time.

While spot gold rose 0.2 percent to $1,298 per ounce, it dropped yesterday by around 1.5 percent, which is the most in more than seven months and breaking below key support around $1,300.

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