Bitcoin Breaks $6,000, US Stock Index Futures See Lower Open

Thursday, May 8 - after a brief market falter yesterday following the $40 million hack of major crypto exchange, crypto markets are showing resilience, with bitcoin rallying above the $6,000 mark, as Coin360 data shows.

Bitcoin is outperforming all of the other top ten cryptocurrencies and has seen 3.4% growth on the day to break back above the psychological price point of $6,000 - for the first time in almost six months.

XRP saw its weekly high of $0.316 on May 4 before correcting downwards in recent days - seeing its lowest price point of $0.297 on May 6.

Cosmos has lost the most - down 7.9% on the day to trade at $4.16 - while iota has seen a similarly substantial cut of almost 5.5% on the day.

Bitcoin sv is the strongest performer, gaining almost 7% to trade at $56.55.

Despite taking a hit yesterday following the hack of prominent crypto exchange Binance, markets have shown notable resilience.

In crypto regulatory news, the chairman of the United States Securities and Exchange Commission and the Commodities Futures Trading Commission both testified before Congress yesterday, declaring that both agencies are aiming at becoming more literate in digital assets markets and blockchain technology.

In traditional markets, United States stock index futures opened lower this morning, following president Trump's negative remarks about ongoing fraught trade talks with China, as CNBC reports.

As of 02:23 a.m. ET, Dow futures reportedly fell 122 points, CNBC notes, ostensibly indicating a negative open of more than 33 points.

Futures on the S&P 500 Index and Nasdaq were also slightly down.