Tuesday, May 21 - most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin approaches the $8,000 mark again.
Bitcoin is up over 2% on the day, trading at $7,953 at press time, according to CoinMarketCap.
Bitcoin's proximity to $8,000 comes as the United States Securities and Exchange Commission reported yesterday that they are "Still in information-gathering mode" regarding a bitcoin exchange-traded fund from VanEck.
Among the top 20 cryptocurrencies, the one reporting the most notable gains is bitcoin sv, which is up over 102% at press time.
The second-largest altcoin, XRP, has a market cap of $16.6 billion at press time.
CoinMarketCap data shows that ETH is up over 3.1% over the last 24 hours.
At press time, ETH is trading around $253. On the week, the coin has also seen its value increase by over 18.5%.Ether 7-day price chart.
At press time, the total market capitalization of all cryptocurrencies is $248.5 billion, over three percent higher than the value it reported a week ago.
Major oil futures and indexes are seeing mixed movements today, with WTI Crude down 0.13%, Brent Crude up 0.08% and Mars US up 0.13% at press time.
The OPEC Basket is down 0.06% and the Canadian Crude Index has seen its value gain 0.6% by press time, according to OilPrices.
Bitcoin Approaches $8,000 as Bitcoin SV Doubles in Value
Published on May 21, 2019
by Cointele | Published on Coinage
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