Wednesday, May 15 — All of the top 20 coins are in the green after seeing some losses over the past day, with some reporting double-digit gains, according to .
Market visualization by
The leading digital currency () is up over 4% on the day, at $8,135 at press time after reaching above $8,200. Earlier today, under the $8,000 price point to trade as low as $7,807. On its weekly chart, saw its lowest price point at $5,942 on May 8, while its highest price point was $8,265 on May 14.
Today, , CEO of instant exchange platform , that the volatility seen in and markets over the years is a necessary phenomenon for a nascent asset, stating that bubbles are an essential part of the industry’s growth.
7-day chart. Source:
The second largest coin by market capitalization, ether (), has nearly 15% growth in the last 24 hours, and is at around $237 at press time. During the week, ETH has been steadily gaining in price, and is currently up 39% over the last seven days.
Ether 7-day chart. Source:
() has gained almost 9.59% on the day, and is at $0.432 at press time. The started the day near $0.399, gradually reaching the current price point. Over the week, the third largest by market cap registered its lowest price point at $0.294 on May 10 and hit the highest value of around $0.438 earlier today.
7-day chart. Source:
cash (BCH) — which went through a planned update earlier today — is at $393.76 at press time, up by 4.94% over the past day.
Following the coin’s hard fork, BitMEX that the cash network experienced difficulties processing transactions.
cash 7-day chart. Source:
Total market capitalization of all digital currencies is around $250.4 billion at press time, having started the day at around $231 billion.
Total market capitalization 7-day chart. Source:
As CNBC earlier today, spot gold was up 0.1% at $1,298.26 per ounce, having hit its highest level since April 11 at $1,303.26 on Tuesday. gold futures settled $1.50 higher at $1,297.80.
The Dow Jones Industrial Average closed up 115.97 points at 25,648.02 after falling as much as 190 points earlier in the session. The S&P 500 gained 0.6% to end the day at 2,850.96 while the Nasdaq Composite rose 1.1% to 7,822.15.
Published at Thu, 16 May 2019 05:05:47 +0000
