Bitcoin Holds $4,000, British Pound Loses to USD as Brexit Anticipation Grows

Monday, March 25 - crypto markets have continued trading sideways, with Bitcoin holding the $4,000 threshold at press time, according to data from CoinMarketCap.

Most of the top 20 cryptocurrencies by market cap are in the red today, with Cardano dropping by more than 4 percent to press time, while Tezos is up almost 5.7 percent over the past 24 hours to press time.

Bitcoin has been stable over the day, seeing a slight decline of around 0.2 percent at press time.

Ethereum, the second cryptocurrency by market cap, is down around 0.6 percent and trading at $136.7 at press time.

Ripple, the third top cryptocurrency by market cap, is down about 0.8 percent over the past 24 hours at press time, and is trading at $0.307.

The British pound lost almost 0.2 percent against the dollar and euro earlier today, as this week could decide the fate of Brexit.

In case a Brexit deal passes the British Parliament, markets are expected to rally, according to CNBC. The United States stock market slipped earlier today, with the S&P 500 and Nasdaq Composite down 0.1 and 0.3 percent respectively at press time.

The Dow Jones Industrial Average is slightly up at press time, seeing a growth of 0.1 percent.

U.S. West Texas Intermediate futures and Brent crude are down around 0.5 percent at press time, according to Oilprice.com.

Gold prices rose today, allegedly supported by investors that went in favor of safe assets amid concerns over a possible recession in the U.S. Spot gold is up about 0.5 percent, while U.S. gold futures gained 0.4 percent at press time.