Bitcoin's price has surpassed the $4,000 mark again, according to Coin360 data.
At press time, Bitcoin is up nearly 5 percent on the day, trading at around $4,025.
Looking at its weekly chart, the current price is above the intra-week high of $3,946 - registered on Jan. 2 - and is also notably higher than $3,841, which is the value of one bitcoin last Monday.
The divide between ETH and Ripple - currently the third-largest crypto by market cap - is decreasing.
At press time, ETH is trading at around $153, having started the day around $154. On the weekly chart, Ethereum's current value is significantly higher than $137, the price at which the coin started the week.
Ripple is up over three percent on the day, trading at around $0.367 at press time.
On the weekly chart, the current price is higher than $0.361, the price at which XRP started the week - but also lower than $0.378, the midweek high reported on Jan. 2.Ripple 7-day price chart.
Among the top 20 cryptocurrencies, the ones experiencing the most notable price action are NEO, up over 10 percent, Stellar, up over 6 percent, and ZCash, up about 4.5 percent.
The combined market capitalization of all cryptocurrencies - currently equivalent to about $136.1 billion - is higher than $128.8, the value it reported one week ago.
The current value is slightly lower than the intra-week high of $138.7 reached on Jan. 6.Total crypto market cap 7-day chart.
Bitcoin Tops $4,000 Amid Mostly Green Crypto Markets
gepubliceerd op Jan 7, 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.