Cryptocurrencies Snap the Losses, Bitcoin up 7% to Reach $3,650

Bucking the long wave of losses, Bitcoin finally sees the green with valuation up by 7% to $3,650 in the last 24 hours, data from Coin360 shows. The crypto is still down by 9% and 44% on weekly and monthly basis respectively through the signs of the revival is quite apparent for the coin.

Gains for the Ripple

The second-largest cryptocurrency by market capitalization Ripple (XRP) is also on a gaining spree, registering more than 5% hike during intraday trading with value closing at around $0.31. The price index from the Cointelegraph’s reveals that the Ripple has followed the similar price trend to the Bitcoin with a weekly loss of 12% and monthly of 41%.

Ethereum tops the growth list

However, it is the third-largest cryptocurrency Ethereum (ETH) which has registered the highest 10% growth among the cryptos with its value closing at $97 during the intraday trade. The Altcoin suffered 14% losses during the week and is down more than 55% over the last month. All other remaining cryptocurrencies in the market have also registered good growth numbers with EOS topping the chart with 15% growth to trade at $111 during the day.

Bitcoin Cash SV the only loser

The only exception being the Bitcoin Cash SV (BSV) which registered a negative growth of 2% on a day traded at an approximate value of $97.37 at press time. This devaluation has degraded the BSV’s rank to the eighth spot from the fifth spot (On December 8) in terms of market capitalization. Bitcoin Cash (BCH) whose value is up by 8% to $111 on a day now ranked fifth among the digital currencies. As for the total market capitalization, the cryptocurrencies are valued close to $115 billion, up by $11 billion from its $104 billion valuations registered during weekly low on December 7.

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