Tuesday, May 14 — Yesterday’s rally in markets has slowed, with the top 20 coins by market capitalization reporting mixed signals, according to Coin360.
Market visualization from
After breaking the $8,000 threshold yesterday, the leading () has been holding its ground, having gained 2.85% over the past 24 hours and is at $8,004 at press time.
As earlier today, the hashrate is becoming more distributed among pools. “While the distribution of hash power is certainly better geared against coordinated attacks, the number of pools continue to dwindle. To date, versus the start of 2018, 40% of the pools have now shut down,” crypto research firm Diar states.
7-day price chart. Source:
The second largest coin ether () is seeing slightly more daily gains, up over 3% to trade at $207.90 at press time. Over the week, the ’s price has increased by 19.62%.
Ether 7-day price chart. Source:
(), has posted massive gains of 21.70% on the day and is at $0.399 at press time. The coin’s price surge follows the that major crypto exchange XRP support for its New York users, as well as the announcement that German exchange Boerse Stuttgart had a dedicated exchange-traded note for both XRP and ().
7-day price chart. Source:
On , the top 20 coins are seeing mixed signals, reporting gains between two and 22% on the day. Of the top 20 coins, (), (), and Ontology () are showing double-digit gains between 10 and 13%.
Total market capitalization of all is around $236 billion at press time, with $226.5 billion and $244.7 billion as the lowest and highest price points on the day.
Total market capitalization 24-hour chart. Source:
In traditional markets, the Dow Jones Industrial Average jumped 353 points, led by a gain in Dow Inc shares, while the S&P 500 advanced 1.4% purportedly following the outperformance of tech shares, CNBC today.
has seen mixed signals today, with Brent crude futures at $70.40 a barrel, up 38 cents or 0.24%, and U.S. West Texas Intermediate (WTI) crude futures at $60.92 per barrel, down 12 cents or 0.2%, according to .
Published at Wed, 15 May 2019 05:17:53 +0000
