Bitcoin, Ethereum Grow 18% On The Week, Markets In Green

After a rough start to the week that brought Bitcoin’s (BTC) price to below $7,500 Sunday, March 18, the market is in the green today, March 24 with BTC inching closer to $9,000, up about 18 percent since the drop. Since Monday, March 19, BTC has been trading sideways, staying between $8-$9,000 on average.

On March 21, CEO of both Twitter and Square Jack Dorsey said that he sees Bitcoin as the world and Internet’s future – singular – currency, potentially what caused BTC’s price to break $9,000 that same day.

However, just the next day, March 22, Bitcoin prices dropped again below $9K, and altcoins followed, after some uncertainty surrounding cryptocurrency exchange Binance – who received a notice from the Japanese Financial Services Authority (FSA) for being unregistered and then announced it was moving to Malta – unsettled markets.

Bitcoin Charts

Bitcoin is currently up a little over 4.5 percent on the day, trading at an average of $8,980 to press time.

Ethereum (ETH) has remained below $600 all week, after a March 18 sharp fall brought its price to a multi-month low below $500. ETH has regained a bit over 17 percent since the drop, currently trading at $540, up 2.71 percent to press time.

Ethereum Charts

Ripple (XRP) is up almost 3 percent over a 24 hour period, trading around $0.65 by press time.

Of the top ten coins listed on CoinMarketCap, IOTA, which holds tenth place, is up the most at about 8 percent over a 24 hour period, trading at around $1.40 by press time.

window.fbAsyncInit = function() { FB.init({ appId : ‘1922752334671725’, xfbml : true, version : ‘v2.9’ }); FB.AppEvents.logPageView(); }; (function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src = “//connect.facebook.net/en_US/sdk.js”; fjs.parentNode.insertBefore(js, fjs); }(document, ‘script’, ‘facebook-jssdk’)); !function(f,b,e,v,n,t,s) {if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments)}; if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)}(window,document,’script’, ‘https://connect.facebook.net/en_US/fbevents.js’); fbq(‘init’, ‘1922752334671725’); fbq(‘track’, ‘PageView’);
Article Source…