Bitcoin Approaches $5,250, US Stocks Slightly Down

Published on by Cointele | Published on

Wednesday, April 17 - most of the top 20 cryptocurrencies are reporting discreet gains on the day by press time, as bitcoin approaches the $5,250 mark.

Bitcoin is up over two percent on the day, trading at around $5,242 by press time, according to CoinMarketCap.

The second-largest altcoin, Ripple, has a market cap of about $13.9 billion by press time.

At press time, ETH is trading around $167. On the week, the coin has also seen its value fall by over 7%. Ethereum 7-day price chart.

The price of the second-largest altcoin, XRP, has gained a more solid 3% over the 24 hours to press time and is currently trading at around $0.332.

Among the top 20 cryptocurrencies, the only one reporting notable gains is Tezos, which is up almost 10% at press time to trade at $1.22.

In traditional markets, the United States stock market is seeing a slight downturn so far today, with the S&P 500 down 0.15% and Nasdaq down 0.02% to press time.

The CBOE Volatility Index, on the other hand, has gained a solid 3.78% on the day to press time.

Major oil futures and indexes are showing mixed movements today, with WTI Crude down 0.19%, Brent Crude down 0.22% and Mars US up 0.96% to press time.

Opec Basket is also down 0.14% and the Canadian Crude Index has lost 0.37% in the 24 hours to press time, according to OilPrices.

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