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Crypto Markets Mellow After a Surge of Growth, Stock Market Slightly Down

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Wednesday, March 6 — after a surge of growth earlier today, most of the top 20 cryptocurrencies have stabilized and are reporting slight to noteworthy gains on the day by press time. Bitcoin (BTC) is hovering near the $3,900 mark again, according to Coin360 data.

At press time, Bitcoin is up just under one percent on the day, trading at around $3,903. Looking at its weekly chart, the current price is about one percent higher than $3,858, the price at which Bitcoin started the week.

Bitcoin 7-day price chart.

Recently news broke that Bitcoin’s mining revenues have begun climbing after falling to their lowest levels in 18 months.

Ethereum (ETH) is holding onto its position as the largest altcoin by market cap, which is at about $14.6 billion. The second-largest altcoin, Ripple (XRP), has a market cap of about $13.2 billion.

ETH is up by almost three percent over the last 24 hours. At press time, ETH is trading around $139, after having started the day at $135. On its weekly chart, Ethereum has seen almost no overall change, falling as low as $125. 80 on Monday.

Ethereum 7-day price chart.E

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