On Bitcoin's 10th Birthday, Crypto Markets See Corrections Across the Board

Published on by Cointele | Published on

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Thursday, Jan. 3 - after some positive inklings of growth earlier this week, crypto markets have today dipped back into the red, with most of the top twenty cryptocurrencies by market cap seeing losses capped below 6 percent, as data from CoinMarketCap shows.

Ten years after its "Genesis block" was mined, Bitcoin has seen a mild loss of just below 2 percent over the 24 hours to press time, and is currently trading at $3,830.

Jagged trading patterns have brought Bitcoin up on the week - the top coin has seen 3.5 percent growth since Dec. 27.

On the month, Bitcoin has seen even less change, down about 1.5 percent.

Despite today's losses, Ethereum remains a bullish 23 percent in the green on its weekly chart - and has seen even higher over 37 percent growth on the month.

Ripple's losses have been slightly heavier, with the asset down just over 4 percent on the day to trade around $0.358.

XRP has seen little change on the week, up just 1.4 percent.

Recently forked Bitcoin SV is also down a heavier 4.7 percent to press time - at $88.44.

Litecoin and Bitcoin Cash are both seeing about 3 percent daily losses as of press time.

In the context of the top twenty coins, weaker performers are seeing 5-6 percent losses - such as privacy-focused alts Zcash and Monero, as well as Ethereum Classic.

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