Friday, May 3 — the crypto markets have rallied today, with () breaking new 2019 highs. All the top 20 by are seeing significant gains over the past 24 hours, as well as over the past 7 days to press time.
Market visualization from
has broken multiple price thresholds over the day, having surged to as high as $5,854 from an intraday low of $5,448. At press time, the biggest is at
$5,808, up 6.5% over the past 24 hours. Following a significant price surge, is up almost 10% over the past 7 days.
’s dominance has also increased, up from 54.5% at the beginning of the day to 55.2% at press time.
24-hour price chart. Source:
Ether (), the second-largest by market cap, surged about 5%, at around $170 at press time and seeing 8.3% growth over the past 7 days.
Ether 7-day price chart. Source:
, the second-top , rose 2.4%, at $0.312 at press time. Over the past 7 days, the is up 5.7%.
7-day price chart. Source:
Total spiked to as high as $187 billion today, down to $186 billion at press time. Daily volume has again broken $50 billion to account for more than $56 billion at press time.
Total market capitalization 7-day chart. Source:
Out of the top 20 by market cap, Cosmos () is seeing the biggest gains over the day, up more than 10%. Ranked 15th on CoinMarketCap, the is now 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 that ’s price may pull back soon, but the accumulation phase is not yet over.
Also today, the Wall Street Journal that social media giant is seeking a $1 billion investment to develop its rumored project Facebook Coin. According to the report, Facebook is now discussing potential backing from major payment operators Visa and MasterCard.
Yesterday, American asset management firm Fidelity Investments the results of a survey claiming that 22% of institutional investors already own digital assets.
Also on May 2, Intercontinental Exchange Inc, the owner of institutional crypto platform , Reuters that it took advantage of the bear market to buy crypto assets at a discount.
Published at Sat, 04 May 2019 08:25:34 +0000
