All the major cryptocurrencies of the top 20 cryptocurrencies are reporting mild to moderate gains on the day. At the time of press Bitcoin [BTC] approaches the $5,400 mark.
In the last 24 hours Bitcoin witnessed a roller coaster between $5,200 and $5,500 according to CoinMarketFeed. At the time of press the cryptocurrency was trading at $5,222. Analyzing its weekly chart, the current price is about 4% higher than $5,038, the price at which Bitcoin begin the week.
The second largest cryptocurrency Ethereum [ETH] is maintaining its rank as the largest altcoin by market cap, which is at about $18.9 billion. ETH is up by about 1.5% over the last 24 hours. At press time, ETH is trading around $174, after having started the day at $177. On its weekly chart, also ETH has seen its value increase by approximately 5%.
The second-largest altcoin, Ripple [XRP], has a market cap of about $14.8 billion by press time trading at $0.34. In the last 24 hours its value decreased by 4%. Analyzing the coin’s weekly chart, its current price is just over two percent less than the price at which it started the week.
The co-founder of Ethereum and IOHK, the company behind Cardano [ADA], Charles Hoskinson criticized EOS and Ethereum’s approach to the development in a published interview recently.
Eos [EOS] is reporting the most significant growth among the top 20 cryptocurrencies. Cardano [ADA] has witnessed more volatility than the major coins, up over 4% by press time.
According to the stats from CoinMarketFeed, the total market capitalization of all cryptocurrencies is equivalent to $182.7 billion, which is almost 3.3% higher than $176.7 billion, the value it witnessed a week ago.
Earlier yesterday, media reported that as investors wait for the Federal Federal Reserve to release its minutes and earnings, U.S. stocks have witnessed a tiny movement by far.
In conventional markets the U.S. stock market is witnessing discontinuous gains so far. According to the data, at the time of press, S&P 500 is up by 0.21% and Nasdaq is up 0.46%. On the other hand, the CBOE Volatility Index (VIX) has lost a 2.73% yesterday.
Reports suggest that major oil futures and indexes are exhibited mixed movements yesterday, with Brent Crude up 1.03%, Mars US down 1.48% and WTI Crude up 0.45%.