"Bitcoin Hovers Over $5,250 as Top Oil Futures See Slight Uptrend
Friday, April 19 — The top 20 #cryptocurrencies are reporting mixed movements on the day by press time, as #bitcoin (BTC) hovers over the $5,250 mark.
Bitcoin is down a fraction of a percent on the day, trading at $5,264 at press time, according to CoinMarketCap. Looking at its weekly chart, the coin is over 3.5%. #Ether (ETH) is holding onto its position as the largest altcoin by market cap, which is nearly $18.2 billion. The second-largest altcoin, #Ripple (XRP), has a market cap of $13.9 billion at press time.
CoinMarketCap data shows that ETH is up over half of a percent over the last 24 hours. At press time, #ETH is trading around $173. On the week, the coin has also seen its value increase by nearly 3.5%. #XRP is down nearly 2% over the last 24 hours and is currently trading at around $0.331. On the week, the coin is up a modest 0.6%. Recently, Hbus, the operator of the United States-based version of major crypto exchange Huobi.com, launched three trading pairs for XRP.
Among the top 20 cryptocurrencies, the coin reporting the most notable price action is binance coin (#BNB ), which is up 8.8%. At press time, the total #market capitalization of all cryptocurrencies is $179 billion, over 3% higher than the value it reported a week ago.
In traditional markets, the United States stock market is seeing little movement so far today, with the S&P 500 up 4.58% and the Nasdaq up 0.02% at press time. The CBOE Volatility Index (VIX), on the other hand, has lost a solid 4.05% on the day at press time.
Major oil futures and indexes are a slight uptrend today, with WTI Crude up 0.31%, Brent Crude up 0.49% and Mars US up 0.35% at press time. The OPEC Basket is also up 1% and the Canadian Crude Index has seen no price change by press time, according to OilPrices.
#bitcoininfo #investmentspro - 4 hours ago