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

[Zurcemozz]

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.

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%.

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 growing to hit an intra-week high of over $180 on April 8, before faltering downward to its current price point, notwithstanding a brief spike yesterday. On the week, Ethereum remains up by 3%.

Read more : https://cointelegraph.com/news/crypto-markets-see-red-european-stocks-teeter-in-wake-of-brexit-deadline-extension