Monday, May 13 - Following a solid to break above the $7,400 mark earlier today, bitcoin has broken $8,000, with all top-20 cryptocurrencies trading in the green.
BTC is trading around $8,013 at press time, up over 13% on the day.
Bitcoin's weekly gains are now at around 38.88%.Bitcoin 7-day chart.
The second largest cryptocurrency is trading at $202.65 at press time.
The altcoin's weekly chart shows gains of over 15%.Ethereum 7-day chart.
Ripple is seeing slightly less significant daily gains, up 5.16% on the day to trade around $0.327 at press time.
On the week, XRP is up by modest 7.94%.Ripple 7-day chart.
Apart from bitcoin, bitcoin cash, binance coin, IOTA, Tezos, and Ontology have also reported double-digit gains, from 10% to 17%, according to CoinMarketCap.
Total market capitalization of all cryptocurrencies is around $234 billion at press time - up from around $209 billion at the beginning of the day.
Contrary to digital asset markets, stocks slumped today after China decided to raise tariffs on some United States goods, CNBC reported today.
Bitcoin Breaks $8,000 for First Time Since July 2018, Stocks and Oil Report Losses
gepubliceerd op May 13, 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.