Stock Market Sees Significant Growth, While Bitcoin Keeps Stability Over Past 7 Days

Published on by Cointele | Published on

Monday, Feb. 4 - crypto markets have continued trading sideways over the past 24 hours, while Bitcoin has been reasonably stable over the past 7 days, according to data from CoinMarketCap.

The major cryptocurrency Bitcoin is up around 0.2 percent over the past 24 hours, and is trading at $3,470 as of press time.

Following some slight losses on the week, Bitcoin is holding its weekly momentum, reporting 0.26 growth over the past 7 days at press time.

With that, Bitcoin is down significantly over the past 30 days, down 8.6 percent from around $3,799 on Jan. 4.Bitcoin 7-day price chart.

Ripple, the second-largest cryptocurrency by market cap, is up about 0.76 percent over the day, and is trading at $0.303 as of press time.

The digital coin is up 3.89 percent over the past 7 days.

The third top crypto, Ethereum, is seeing slight growth of around 0.86 percent at press time, up by 2.86 on the week, trading at $108.29 at press time.

Maker token, the 19th top coin by market cap, has seen its price skyrocket by more than 17.5 percent on the day.

At press time, such amount of Bitcoin is worth of $13.8 billion, or around 22 percent of its current market capitalization.

Stock markets are up on Monday, with the NASDAQ outperforming with almost 0.9 percent growth and the S&P 500 reporting around 0.3 percent gain, according to CNBC. Stocks have reportedly completed last week with their best monthly growth since October 2015, while the S&P 500 saw its largest one-month rise since 1987.

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