Tuesday, April 23 - crypto markets rallied today, with bitcoin hitting its new 2019 high of over $5,500.
Most of the top 20 cryptocurrencies by market cap are solidly in green at press time, with tezos having jumped more than 12% over the past 24 hours.
At press time, the biggest cryptocurrency is up 4.6% over the day to $5,572, which is a growth of 9.5% over the past 7 days.
Bitcoin's dominance on the market has significantly risen over the past 24 hours, up from 52.5% to 53.2% at press time.
Ether, the second-largest cryptocurrency by market cap, is up 2.3% and trading at $175, up around 7.6% over the past 7 days.
Total market capitalization hit a value of $185 billion for the first time in 2019 today.
At press time, the market cap is slightly down to $184 billion, while daily trade volume surged to $50 billion.
Citing data from the European crypto exchange Bitstamp, Bloomberg today wrote that bitcoin has formed its first bullish golden cross since October 2015.
Recently, Fundstrat Global Advisors founder Tom Lee revealed that his company's bitcoin sentiment indicator Bitcoin Misery Index has never been seen in a bear market.
The United States stock market has slightly changed at press time, with the Dow Jones Industrial Average down around 0.2%, while the S&P 500 and Nasdaq Composite rose 0.1% and 0.2%, respectively.
Bitcoin Almost Touches $5,600, Forming Its First Bullish Golden Cross Since October 2015
gepubliceerd op Apr 23, 2019
by Cointele | gepubliceerd op Coinage
Coinage
Vermeld in dit artikel
Recent nieuws
Alles zien
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.