![Crypto markets see mixed signals, bitcoin [btc] still above $4,000](https://ohiobitcoin.com/storage/2019/01/p1OQOf.png "Crypto markets see mixed signals, bitcoin [btc] still above $4,000")
Tuesday, Jan. 8 — crypto are seeing mixed signals, according to data from , after a day . bitcoin [BTC] () still remains above current psychological barrier of $4,000, while some of the other major see mild losses.
Market visualization from
bitcoin has not dipped below the $4,000 mark for almost two days now, reaching up to $4,109 today. As of press-time, the leading coin is trading at about $4,050.
bitcoin 7-day price chart. Source: CoinMarketCap
Ethereum () still occupies the leading position among the altcoins, losing around 1 percent on the day and trading around $151 by press time. As CoinMarketCap shows, the coin’s price has sloped downwards since the middle of the week.
Ethereum 7-day price chart. Source: CoinMarketCap
Ripple (), the second largest altcoin, is also seeing a slight decrease in price of around 1 percent on the day, trading at $0.36 as of press time. The coin’s market capitalization is at $14.8 billion — almost a billion less than Ethereum’s, at $15.7 billion by press time.
Ripple 7-day price chart. Source: CoinMarketCap
The total of all cryptocurrencies is now at around $136.4 billion, after reaching an intra-week high point of $138.7 billion earlier today.
7-day total market capitalization chart. Source:
While the crypto industry an alleged double-spend incident on Ethereum Classic () network that might involve over $1.1 million, the coin is seeing mild losses on the day today. As of press time, the coin is hovering around , losing around 1.7 percent throughout the day.
As for other top 20 altcoins, TRON (), Coin () and NEO () have seen the most visible gains, up 8-11 percent on the day.
As Cointelegraph yesterday, a member of the Governing Council of the European Central Bank (ECB), Ardo Hansson, called cryptocurrencies “a fairy-tale story” and claimed that “the bubble has already started to collapse.”
Today, further criticism of bitcoin [BTC] by economics “tsar” Avi Simhon, the head of the National Economic Council and senior economic policy advisor to the country’s prime minister. The official said that the coin is intrinsically inefficient, predicting that it will therefore disappear.
Meanwhile, has a travel ban and frozen the funds of John Bigatton, a promoter of reported $2.6 billion . His wife Madeline Bigatton, who is listed as a director and shareholder of Bitconnect International Plc and the only representative of Bitconnect Australia, has been missing since March.
Published at Tue, 08 Jan 2019 22:10:00 +0000
