All but one top 20 coins by market cap are in green, with litecoin seeing the profits of around 7 percent.
Tuesday, April 30 — following another decline yesterday, crypto markets again reversed to obtain momentum upward, with all but one top 20 coins by market cap in the green.
Having skyrocketed more than 18% yesterday, IOTA (MIOTA) is the only coin one of the top 20 that sees declines down approximately 4.3%. By comparison, litecoin (LTC) is seeing the biggest gains over the past 24 hours, up 7.17% at press time.
Market visualization from Coin360
Bitcoin (BTC) has broken back over $5,300 now, hitting an intraday high of $5,353. At press time, bitcoin is up 1.55% within the past 24 hours to trading at $5,321. Similarly to all the top 20 cryptos, Bitcoin remains down nearly 5% over the past week.
Bitcoin 7-day price chart. Source: CoinMarketCap
Ether (ETH), the second cryptocurrency by market cap, is up 2.3% to $159.21 at press time. Still, the very best altcoin is seeing about a 8.36% drop over the past 7 days. Yesterday, tech entrepreneur and Tesla CEO Elon Musk entered a twitter conversation with ether co-founder Vitalik Buterin using a one-word tweet “Ethereum. ”
Ethereum price chart. Source: CoinMarketCap
Ripple (XRP), the third top cryptocurrency by market cap, is up 5.1% over the past 24 hours to $0.309 at press time, while the coin remains down 4.66% within the past 7 days. Lately, the world’s largest stock exchange, Nasdaq listed XRP Liquid Index (XRRLX) on its international data service.
Ripple 7-day price chart. Source: CoinMarketCap
Total market capitalization amounts to $173 billion, up from $169 billion at the beginning of the day.
Market capitalization 7-day chart. Source: CoinMarketCap
Lately, Fundstrat Global Advisors founder Tom Lee made another bull forecast , asserting that crypto prices will hit new all-time highs by 2020.
Earlier today, Cointelegraph reported that blockchain-concentrated precious metals company Tradewind hired ex-JPMorgan Chase executive as its new CEO. Also today, American crypto exchange ErisX announced the public launch of its spot market.
After hitting all-time highs yesterday, the United States inventory market dropped now as Google’s parent company Alphabet had a terrible impact on communication service industry, CNBC reports. At press time, the Nasdaq (NASDAQ) Composite is down 0.9%, while the S&P 500 (SPX) and the Dow Jones Industrial Average (DJIA) are up about 0.1%.
Oil prices climbed amid Venezuela’s opposition leader urging the army to back him to topple Nicolas Maduro after Saudi Arabia claimed that their partnership to hold output could be expanded till the end of 2019. Therefore, West Texas Intermediate (WTI) crude oil and Brent crude are up 0.6% and 0.9%, respectively.
Gold prices also rose today as global market concerns subsided after disappointing Chinese mill activity data. At press time, spot gold is up 0.3% to $1,283 per ounce, while U.S. gold futures gained 0.29% to $1,285.
Buy Tickets for every event – Sports, Concerts, Festivals and more buy tickets
Leave a Reply
You must be logged in to post a comment.