The crypto markets are experiencing slight price variations , with (BTC) breaking $9,000 earlier today, April 21, and (ETH) briefly over $600, according to data.
BTC is now trading for around $8,700, up around 2 percent over a 24 hour period to press time. BTC dominance is slightly up from yesterday, now around 39.9 percent, according to data from .
ETH is down around 1 percent over a 24 hour period, trading for around $589 to press time.
The top ten coins listed on CoinMarketCap are a mix of red and green, with altcoin down the most, with a decline of more than 4 percent over a 24 hour period, currently trading around $0.36. (XRP) is also down around 4 percent over a 24 hour period after yesterday’s more than 20 percent gains, currently trading around $0.83 to press time.
is up the most of the top ten coins, around 3 percent over a 24 hour period and trading for around $10.63 to press time.
The market’s recent gains, despite some price waffling today, could be attributed to of Fundstrat’s that the market would bounce back after a crypto sell off leading up to US tax day on April 17.
The rising interest in crypto by – shown by several execs their traditional financial jobs to join the crypto sphere, as well as by institutions like the Rockefeller’s Venrock with Coinfund and the Soros Management Fund reportedly crypto trading – could also have .
Crypto Twitter persona Tulips de’ Medici tweeted that the recent bullish market turn may end up “trap[ping] institutions”:
Bull trap gotta trap institutions not noobs. Lmao
— Tulips de’ Medici (@cryptodemedici)
Published at Sat, 21 Apr 2018 11:28:39 +0000
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