Bitcoin Price Approaches $8,600 as Top Cryptos See Slight Gains

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Saturday, June 1 - most of the top 20 cryptocurrencies are reporting slight gains on the day by press time, as bitcoin approaches the $8,600 mark.

Bitcoin is up just over 1% on the day, trading at $8,532 at press time, according to CoinMarketCap.

Looking at its weekly chart, the coin is up over 6%. Bitcoin 7-day price chart.

The second-largest altcoin, Ripple's XRP, has a market cap of $18 billion at press time.

At press time, ETH is trading around $265. On the week, the coin has also seen its value increase almost 6%. Ether 7-day price chart.

On the week, the coin is up almost 11%. XRP 7-day price chart.

Among the top 20 cryptocurrencies, the tron is reporting the most notable price action, up almost 20% on the day and 37% on the week by press time.

At press time, the total market capitalization of all cryptocurrencies is $270.2 billion, nearly 8% higher than the value it reported a week ago.

As Cointelegraph reported yesterday, G20's international watchdog, the Switzerland-based Financial Stability Board, said in its latest report that regulators need to improve their risk assessment strategies regarding financial activity in the crypto space.

Today, Cointelegraph reported that the United States is the top source of traffic to cryptocurrency exchanges globally, with Japan coming in second place.

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