During the daily press briefing of Andres Manuel Lopez Obrador, it was announced that Mexico will receive 1.4 million doses of the vaccine by the end of January. Is that optimistic enough for the peso?
Ethereum heads north by 10%
On Monday, on the Investing.com Index, Ethereum was seen at $184.47, soaring by about 10.25% on the day. Well, it turned out to be the greatest one-day percentage profit since April 2.
In fact, the move upwards managed to push Ethereum's market capitalization up to about $19.16B, which is 10.44% of the overall crypto market capitalization. By the way, at its highest value, Ethereum's market capitalization accounted for $135.58B.
For the last 24 hours, Ethereum had fluctuated in a band $173.57- $184.47.
For the last seven days, the number two crypto asset, Ethereum has seen a soar in value because it went up by up to 28.02%. By the way, the volume of Ethereum traded for the last 24 hours to time of writing amounted to $8.07B that accounts for about 13.70% of the overall volume of all crypto assets. The digital coin has fluctuated in a band $141.2880-$184.4680 for the last 7 days.
In contrast with Ethereum’s all-time peak of $1,423.20 recorded on January 13, last year, at its current value, the number two crypto asset is still down about 87.04%.
Now let’s have a look at other digital coins.
As a matter of fact, on the Investing.com Index, Bitcoin managed to reach $5,237.6, heading north by about 3.65% on the day.
In addition to this, on the Investing.com Index, XRP ended up with $0.36381, demonstrating a 3.09% leap.
Bitcoin's market capitalization was last seen at $92.31B that amounts to 50.30% of the overall crypto market capitalization, while XRP's market capitalization hit $15.12B that accounts for up to 8.24% of the overall crypto market value.
Poor US data, slow vaccine distribution, rising virus cases worsened the market sentiment and underpinned safe-haven currencies like the USD, and JPY.
The European Central Bank will publish the monetary policy statement with the interest rate decision on January 21, at 14:45 MT time.
Joe Biden is going to unveil a Covid-19 relief package of about $2 trillion. After this announcement, the 10-year Treasury yield rose, adding support for the USD.