Bitcoin price fell around 8% in the past seven days, but prices began to improve during Friday afternoon’s trading sessions. Today, Bitcoin trades for prices between $ 54,400 and $ 54,800 per unit and has a market valuation of $ 1.02 trillion. The total market capitalization of all the 8,500+ coins in existence is around $ 1.59 trillion on Saturday morning.

  • Bitcoin (BTC) prices have improved after falling from $ 57,207 to a low of $ 50,360 on Thursday. BTC is up more than 3% today but is down 5% for the week March 27, 2021. Bitcoin dominance among all other coin ratings combined is 59.3%, while Ethereum (ETH) records 11%.

  • Bitcoin is still up over 16% for the month, up 109% over the past three months and 763% year over year against the USD.
  • The top trading pair with Bitcoin (BTC) today is Tether (USDT), which dominates 55% of trades in the crypto asset. This is followed by USD (16.85%), BUSD (5.92%), JPY (4.19%), EUR (3.84%) and KRW (2.38%).
  • This week, the cryptocurrency community was delighted to hear that Elon Musk announced that the electric car company Tesla will now accept BTC for purchases. Nick Jones, CEO of Zumo, a digital wallet and payments platform, believes more brands will take over Tesla’s lead.
  • “We’re delighted that Tesla is now accepting Bitcoin as payment for its products,” said Jones. “The increased institutional investments and the market support of cryptocurrency by such brands are not only a key indicator of their long-term value, but also of their contemporary relevance. Knowing that more than half of UK crypto owners have bought this currency in the past six months, I would imagine more brands to follow, ”added the Zumo CEO.
  • At the time of writing, Ethereum (ETH), the second largest crypto asset by market capitalization, is trading for $ 1,686 per unit and is up over 3% today. Behind the ETH is the leash and the fourth market position is the Binance coin (BNB) trading for 254 USD, an increase of 2.5% in the last 24 hours.
  • Bitcoin Cash (BCH) is in the 11th market today, trading hands for $ 495 per BCH. The crypto asset is up 0.64% today, 6% over the week, 0.21% over the past 30 days, and over 48% over the past three months.
  • The two top winners today include Chatcoin (CHAT) and Stakenet (XSN). The two biggest losers on Saturday morning include Selfkey (KEY) and Cortex (CTXC).

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