Friday, May 3 - the crypto markets have rallied today, with bitcoin breaking new 2019 highs.
All the top 20 cryptocurrencies by market cap are seeing significant gains over the past 24 hours, as well as over the past 7 days to press time.
Bitcoin has broken multiple price thresholds over the day, having surged to as high as $5,854 from an intraday low of $5,448.
Following a significant price surge, bitcoin is up almost 10% over the past 7 days.
Ether, the second-largest cryptocurrency by market cap, surged about 5%, trading at around $170 at press time and seeing 8.3% growth over the past 7 days.
Over the past 7 days, the cryptocurrency is up 5.7%. Ripple 7-day price chart.
Total market capitalization spiked to as high as $187 billion today, down to $186 billion at press time.
Daily trading volume has again broken $50 billion to account for more than $56 billion at press time.
Out of the top 20 cryptocurrencies by market cap, Cosmos is seeing the biggest gains over the day, up more than 10%. Ranked 15th on CoinMarketCap, the altcoin is now trading at 4.8%, while the coin's market capitalization accounts for $950 billion.
Earlier today, citing an analyst at market strategy firm Fundstrat Global Advisors, Bloomberg reported that bitcoin's price may pull back soon, but the accumulation phase is not yet over.
Bitcoin Breaks Multiple Supports to Trade Above $5,800 as All Top 20 Coins Rally
pubblicato su May 3, 2019
by Cointele | pubblicato su Coinage
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