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Crypto Markets See Red, European Stocks Teeter in Wake of Brexit Deadline Extension


After a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time.

Thursday, April 11 — after a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time, as Bitcoin (BTC) corrects down close to the $5,100 mark.

Market visualization courtesy of Coin360

Market visualization courtesy of Coin360

Bitcoin is down close to 2.8% on the day, and is trading at around $5,106 by press time, according to CoinMarketCap. The top coin has seen a week of near-consistent growth, hitting an multi-month price high of over $5,420 yesterday, April 10.

Today’s correction has brought Bitcoin’s weekly gains to around 3.3%.

Bitcoin 7-day price chart

Bitcoin 7-day price chart. Source: CoinMarketCap

The largest altcoin by market cap, Ethereum (ETH), has taken a price hit, down 7.8% on the day to trade at $166.23. The alt has seen a jagged trading pattern over the week, first…



Read Full Story : Cointelegraph.com News

2019-04-11 10:45:00

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