In short, Bitcoin hits a monthly high above $ 4,100, British pound marks 31 years low

Friday March 29 – Bitcoin (BTC) today reached a monthly record of $ 4,112, while top 20 cryptocurrencies per market capitalization trade sideways.

Many of the 20 best coins are in red during the press phase, with Maker (MKR) seeing the largest losses of nearly 5 percent, while Tezos (XTZ) had collected more than 15 percent in the last 24 hours.

Market visualization of Coin360

The largest bitcoin cryptocurrency earlier today scored a multi-week high of $ 4,112, with moderate growth throughout the day. Bitcoin is around 0.3 percent at the time of the press, trading at $ 4,099.

The large crypto traded below $ 4,100 after February 24, when the total market cap suddenly fell from $ 144 billion to as low as $ 127 billion. Bitcoin has risen by around 1.5 percent in the last 7 days.

Bitcoin 7-day price chart. Source: CoinMarketCap

Bitcoin 7-day price chart. Source: CoinMarketCap

Ethereum (ETH), the second largest cryptocurrency per market capitalization, rose 0.66 percent over the day, trading at $ 140.88. The upper altcoin has risen more than 2 percent over the 7-day period.

Ethereum 7-day price chart. Source: CoinMarketCap

Ethereum 7-day price chart. Source: CoinMarketCap

Ripple (XRP), the third highest cryptocurrency per market capitalization, falls by 0.6 percent and trades at $ 0.308. In the past 7 days, the currency has fallen by about 1.42 percent.

Ripple 7-day price chart. Source: CoinMarketCap

Ripple 7-day price chart. Source: CoinMarketCap

The total market capitalization reached $ 143 billion for the first time since February 24, after falling to $ 141 billion earlier in the day. The daily trading volume is around $ 35 billion at the time of the press.

Total market capitalization chart of 30 days. Source: CoinMarketCap

Total market capitalization chart of 30 days. Source: CoinMarketCap

The Canadian city of Innisfil recently launched a pilot program to enable residents to pay property taxes with cryptocurrencies.

Earlier today, Cointelegraph reported that the Argentine Deputy Minister of Finance claimed that the introduction of crypto and blockchain will help promote Argentina's financial inclusion and reduce state costs.

Meanwhile, the British pound (GBP) hit a 31-year low against the dollar yesterday, while investors bet that the British vote to leave the European Union would lead to a cut in the Bank of England's interest.

The stock market in the United States rose today, while renewed anticipation of the progress of the Washington-Beijing trade negotiations took place, while Wall Street closed a stellar quarterly performance, CNBC said. At the time of printing, the three indices, Dow Jones Industrial Average (DJIA), S & P 500 (SPX) and Nasdaq (NASDAQ) Composite, are about 0.6 percent higher.

Oil prices see mixed signals, with West Texas Intermediate (WTI) crude oil and Brent crude amounting to 1.5 and 0.7 percent respectively. The OPEC basket fell by more than 1.1 percent at the time of the press.

Gold prices saw the largest monthly decline since August, when a stronger dollar and equities put pressure on the market, CNBC reports. While the spot gold rose 0.2 percent to $ 1,298 per ounce, it fell by about 1.5 percent yesterday, the largest number in more than seven months and falling out of $ 1,300 below the main support.

Meanwhile, in the last two-month session that was touched low, palladium rose about 1.7 percent at the time of printing. Recently, Russian billionaire Vladimir Potanin unveiled plans to launch a crypto-token supported by palladium.

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