Monday, Jan. 7 — most of the top 20 are seeing slight to generous gains in the 24 hours to press time. bitcoin [BTC]’s () price has surpassed the $4,000 mark again, according to data.
Market visualization from
At press time, bitcoin [BTC] is up nearly 5 percent on the day, trading at around . Looking at its weekly chart, the current price is above the intra-week high of $3,946 — registered on Jan. 2 — and is also notably higher than $3,841, which is the value of one blockchain last Monday.
bitcoin 7-day price chart. Source:
Ethereum () remains the second-largest cryptocurrency by market cap. The divide between ETH and Ripple () — currently the third-largest crypto by market cap — is decreasing. Ethereum’s market cap is currently $15.9 billion, while Ripple is sitting at $15 billion.
Ethereum has seen its value decrease by about half of a percent over the last 24 hours. At press time, ETH is trading at around $153, having started the day around $154. On the weekly chart, Ethereum’s current value is significantly higher than $137, the price at which the coin started the week.
Ethereum 7-day chart. Source:
Ripple () is up over three percent on the day, trading at around $0.367 at press time. On the weekly chart, the current price is higher than $0.361, the price at which XRP started the week — but also lower than $0.378, the midweek high reported on Jan. 2.
Ripple 7-day price chart. Source:
Among the top 20 cryptocurrencies, the ones experiencing the most notable price action are , up over 10 percent, , up over 6 percent, and , up about 4.5 percent.
The of all cryptocurrencies — currently equivalent to about $136.1 billion — is higher than $128.8, the value it reported one week ago. The current value is slightly lower than the intra-week high of $138.7 reached on Jan. 6.
Total crypto market cap 7-day chart. Source:
As Cointelegraph earlier today, a new bipartisan bill to exempt cryptocurrencies from some securities laws is currently being reviewed by the Colorado Senate.
Recently, that several federal agencies reportedly raided the office of a Michigan-based science and tech center last month during a crypto-related investigation. The center’s founder was allegedly “commercially trading in crypto-currency (sic) without the proper authorization.”
Published at Mon, 07 Jan 2019 11:55:00 +0000
