Bitcoin Falls Under $4,000 as United States Oil Rises

Bitcoin is down over a percent on the day, trading at around $3,967, according to CoinMarketCap.

Looking at its weekly chart, the current price is over two percent lower than $4,060, the price at which Bitcoin started the week.

At press time, ETH is trading around $134, after having started the day at $135 and reporting a mid-day low of $133. On its weekly chart, Ethereum has seen its value increase nearly four and a half percent.

Looking at the coin's weekly chart, its current price is over five and a half percent higher than $0.318, the price at which it started the week.

Among the top 20 cryptocurrencies, the only ones reporting gains are Cardano, which is up over two percent, and EOS, which is up about half a percent.

The total market cap of all cryptocurrencies is currently equivalent to $137.4, which is over two percent lower than $140.4 billion, the value it saw one week ago.

In traditional markets, the stock market is seeing discreet growth so far today, with the S&P 500 up 0.56 percent and Nasdaq up 0.65 percent.

Earlier today, CNBC reported that United States Oil rose 2 percent as the OPEC supply was cut.

Major oil futures and indexes are showing mixed movements today, with WTI Crude up 1.84 percent, Brent Crude up 0.84 percent and Mars US down 0.19 percent.

Opec Basket is also down by 1.64 percent, and the Canadian Crude Index has seen its value increase by 2.26 percent, according to OilPrices.