Crypto Markets See Modest Gains, Bitcoin Rises Above $3,400

Published on by Cointele | Published on

Wednesday, Dec. 12: Cryptocurrency markets have seen moderate gains on the day, with all top 20 coins by market capitalization in the green, according to Cointelegraph's Coin360.

Bitcoin began the day around $3,414, subsequently reaching its intraday high of $3,534.

At press time, the major coin is trading at $3,499, up 2.21 percent over the last 24 hours.

The second largest cryptocurrency Ripple has taken an upturn and is currently trading at $0.308 at press time, up 2.36 percent on the day.

On its weekly chart, the coin is down over 9 percent, while its lowest price point was around $0.29 on Dec. 7.

The third cryptocurrency by market cap, Ethereum, is currently trading at $91.41,up by 2.77 percent over the last 24 hours.

The coin has seen substantial losses over the last week, down more than 12 percent.

After experiencing a massive increase following its hard fork from Bitcoin Cash, Bitcoin SV saw a drop of over 6 percent yesterday, Dec. 11.

Yesterday, the Malta-based cryptocurrency exchange OKEx announced that it will list Bitcoin Cash ABC under the original Bitcoin Cash ticker BCH. It will also change the Bitcoin Cash SV ticker from BCHSV to BSV.BCH has also seen some gains over the last day, up 1.8 percent.

The coin's highest price point on the week was $133.37 on Dec. 6, and subsequently dropped as low as $97.80.Among all top twenty coins, only Tezos has registered double-digit gains, up 13.82 percent over the day.

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