Most of the top 20 cryptocurrencies are reporting a mix of slight gains and losses on the day as bitcoin crosses the $5,300 line.
Saturday, April 20 — most of the top 20 cryptocurrencies are reporting slight gains and losses capped under 2% on the day to press time. Bitcoin (BTC) is hovering above the $5,300 mark.
Market visualization courtesy of Coin360
Bitcoin is up about one percent on the day, trading at $5,342 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is up a solid 5%.
Bitcoin 7-day price chart. Source: CoinMarketCap
Ether (ETH) is holding onto its position as the largest altcoin by market cap, which is nearly $18.3 billion. The second-largest altcoin, XRP, has a market cap of $13.8 billion at press time.
CoinMarketCap data shows that ETH is up about half a percent over the last 24 hours. At press time, ETH is trading around $173. On the week, the coin has also seen its value increase by close to 6%.
Ether 7-day price chart. Source: CoinMarketCap
XRP is conversely down about half a percent over the last 24 hours and is currently trading at around $0.329. On the week, the coin is up a modest 1.2%.
XRP 7-day price chart. Source: CoinMarketCap
Among the top 20 cryptocurrencies by market cap, the coin reporting the most notable price action is binance coin (BNB), ranked 7th, which is up nearly 3% on the day and over 33% on the week.
At press time, the total market capitalization of all cryptocurrencies is $181 billion, over four percent higher than the value it reported a week ago.
Total market capitalization seven-day chart. Source: CoinMarketCap
As Cointelegraph wrote this week, a recent report by digital assets fund Adamant Capital claims that the crypto bear market is winding down and is in its final stage.
A recently published survey from Gold IRA Guide asked 1,000 American retirees over 50 years old about their thoughts on investing in bitcoin. According to the survey results, 56.7% of respondents were aware of bitcoin, but were not interested to invest, while 2.7 percent claimed that they already owned some bitcoin.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.