Monday, Feb. 11 — most of the top 20 are reporting slight to noteworthy gains on the day by press time, with ₿itcoin () hovering near $3,650, according to data.
Market visualization from
At press time, ₿itcoin is up less than half a percent on the day, trading at around , according to CoinMarketCap. Looking at its weekly chart, the current price is just over 5 percent higher than the price at which ₿itcoin started the week.
bitcoin 7-day price chart. Source:
Ethereum () has regained its place as the second-largest crypto by market cap, with a market cap of $12.6 billion by press time. The coin overtook Ripple (), which currently has a market cap of $12.4 billion.
Ethereum has seen its value increase by over 2 percent over the last 24 hours. At press time, ETH is trading around $121, after having started the day at $117. On the weekly chart, Ethereum’s current value is about 12 percent higher than $107, the coin’s price one week ago.
Ethereum 7-day price chart. Source:
Ripple has lost about half a percent in value in the 24 hours to press time and is currently trading at around . On its weekly chart, the current price is only half a percent higher than the price at which XRP started the week.
Ripple 7-day price chart. Source:
Among the top 20 cryptocurrencies, the one reporting the most notable growth is Dash (), which is up nearly 8 percent оn the day and 18 percent on the week by press time.
The stock market is reporting a minor uptrend, with the up 0.09 percent today and up 0.23 percent. The CBOE Volatility Index () is seeing even stronger gains of 3.44 percent.
Major oil futures and indexes are seeing mixed market movements, with WTI Crude down 1.88 percent and Brent Crude down 1.24 percent. Mars US, on the other hand, is up 1.32 percent, while the Canadian Crude Index is down 1.8 percent, according to .
As Cointelegraph recently , New York-based research company Fundstrat Global Advisors has released its 2019 crypto outlook, which forecasts incremental improvements that will purportedly support higher prices for cryptocurrencies.
Also, yesterday that a commissioner of the Securities and Exchange Commission said that the delay in establishing crypto may allow more freedom for the industry to move on its own.
Published at Mon, 11 Feb 2019 17:14:00 +0000
