Crypto Markets See Mild Green, European Stocks Report Record-Breaking Calm

Wednesday, May 1 - after yesterday's positive market momentum, most of the top twenty cryptocurrencies are seeing mild green on the day at press time, seeing typical growth of between 1 and 7%, as Coin360 data shows.

Bitcoin is up 0.89% on the day and is trading at $5,399 by press time, according to CoinMarketCap.

Recent days have seen Bitcoin reclaiming lost ground, and this renewed growth has brought Bitcoin's weekly performance to a mild 1.72% loss.

The largest altcoin by market cap, ether, is up 0.93% on the day to trade around $160.50.

The alt has seen a jagged and volatile week - ranging from above $165 on April 25 to below $153 the next day, April 26.

XRP has reported a mild loss of 1.81% on the day, and is currently trading at $0.303.

Widening out to the top twenty: the highest gainer is 15th largest crypto cosmos - up 15.95% on the day to trade at $4.55 - followed by dash - up 5.94% at around $117 - and privacy coin monero, up 5% at $64.40.

In crypto and blockchain news, a new report from industry newsletter Diar has revealed that on-chain transactions on the bitcoin network hit fresh highs not seen since 2017 in April.

Major crypto data provider CoinMarketCap announced it will remove exchanges from its calculations if they fail to provide mandatory data by June, in a bid to improve transparency and accountability in the crypto space.

A newly-unsealed United States indictment of two individuals has apparently uncovered a connection to the shadow banking services that were implicated in two recent high-profile crypto exchange controversies - Bitfinex and QuadrigaCX. In traditional markets, the Stoxx Europe 600 index of leading European shares set a record on Tuesday for apparent calm and low volatility, reporting the 17th consecutive trading session when its price has moved by less than 0.5%. As the Wall Street Journal reported, the longest streak of such low volatility was a 16-day run ending in May 1993.