Bitcoin Hovers Over the $3,450 Mark as Top Cryptos See Slight Losses

Published on by Cointele | Published on

Sunday, Feb. 3 - most of the top 20 cryptocurrencies are reporting slight losses on the day by press time.

Bitcoin is hovering over the $3,450 mark again, according to Coin360 data.

At press time, Bitcoin is down a fraction of half percent on the day, trading at around $3,476, according to CoinMarketCap.

Looking at its weekly chart on CoinMarketCap, the current price is about 3 percent lower than $3,594, the price at which Bitcoin started the week.

Top altcoin Ripple has lost over one percent in the 24 hours to press time and is currently trading at around $0.303.

Ethereum, the second-largest altcoin by market cap, has seen its value decrease by about under a quarter of a percent over the last 24 hours.

At press time, ETH is trading around $107, after having registered a mid-day high of $110. On the weekly chart, Ethereum's current value has dropped over 7 percent from $115, the price at which the coin started the week.

Among the top 25 cryptocurrencies, the only coins experiencing growth are Waves, which is up over 3 percent, EOS, which is up nearly two percent, Litecoin, which is up over 1 percent, and Stellar, up a fraction of a percent.

The stock market is seeing slight growth, with the S&P 500 reporting a nearly a 0.1 percent gain while the CBOE Volatility Index loses 2.6 percent, according to CNBC. DOW, on the other hand, is up 0.26 percent at press time, according to MarketWatch.

Major oil futures and indexes are seeing moderate growth, with WTI Crude closing at a 2.73 percent increase, Brent Crude being up over 3 percent and Mars US up 2.87 percent, according to OilPrice.

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