Tuesday, May 7 — following some moderate yesterday, the markets have rallied to break new 2019 highs today, with () inching close to $6,000.
All the top 20 coins by are solidly in green at press time, with ether () and tezos () seeing the biggest gains over the past 24 hours at press time. Both coins are up more than 8% over the day.
Market visualization from
After slipping under the $5,700 threshold yesterday, rose 4.4% to trade at $5,947 at press time. The major has broken the $5,900 support for the first time in 2019, while still hovering around the price points of November 2018. The biggest is one of the biggest gains among the top 20 coins over the past 7 days, up around 12.7%.
’s on the markets accounts for 55.8%.
24-hour price chart. Source:
Ether, the second-largest by market cap, is at $177, up 8.3% over the past 24 hours at press time. The biggest is up around 12% over the week.
Yesterday, Cointelegraph that ether volumes on decentralized applications have recorded a new high.
Ether 7-day price chart. Source:
, the third-top by market cap, is slightly up 1.6% to at $0.304. Over the past 7 days, the is up about 1%.
XRP 7-day price chart. Source:
Total amounts to $188 billion at press time, up from $180 billion in the beginning of the day, while daily volume surged from $47 billion to $55 billion at press time.
Total market capitalization 7-day chart. Source:
On May 6, Bloomberg that $7 trillion investment firm Fidelity is reportedly soon planning to launch for institutional clients.
Yesterday, popular global coffee network was to deploy a -based coffee tracking system using the Azure Service by tech giant .
Recently, social media giant allegedly the rights to the “Libra” trademark for its highly secretive project. According to the Wall Street Journal, Facebook is seeking an investment worth $1 billion to develop the much rumored initiative.
Meanwhile, the market to drop today, with the Dow Jones Industrial Average () slipping more than 130 points at the open, as reports. At press time, the DJIA is down 0.25%, while the S&P 500 () and () Composite both declined about 0.5%.
prices also slipped today amid new doubts over United States- trade talks. At press time, West Texas Intermediate (WTI) crude oil is down 1%, while Brent crude and the OPEC basket dropped 1.2% and 0.5% respectively, according to .
Published at Tue, 07 May 2019 12:39:05 +0000
